Why Tilray (TLRY) Stock Is Tumbling Friday

Tilray Brands Inc (NASDAQ:TLRY) shares are trading lower Friday morning, continuing a downward trend after the company confirmed it will implement a 1-for-10 reverse stock split.

• TLRY is showing downward pressure. See the full story here.

What To Know: The global cannabis and consumer packaged goods company announced that the consolidation will become effective on Dec. 1, with shares expected to begin trading on a split-adjusted basis when markets open on Dec. 2.

This corporate action will reduce Tilray's issued and outstanding common stock from approximately 1.16 billion shares to roughly 116 million.

According to management, the reverse split is designed to align Tilray's capital structure with companies of similar size, enhance its attractiveness to institutional investors, and save the company up to $1 million annually in administrative costs.

Stockholders previously approved the measure in June 2025. No fractional shares will be issued. Investors holding fractional interests will receive cash payments instead.

Benzinga Edge Rankings: Benzinga Edge data underscores the stock’s current struggles, displaying negative price trends across short, medium and long-term horizons alongside a low Growth score of 25.65.

TLRY Price Action: Tilray Brands shares were trading lower by 19.75% at 83 cents at the time of publication on Friday, according to Benzinga Pro data.

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How To Buy TLRY Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Tilray Brands’ case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

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