<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/Tilray-Brands.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/Tilray-Brands.png"/></p>
<p>尽管最近美国政策的变化为其在该国的扩张打开了大门，Tilray Brands 的股价仍跌至去年八月以来的最低水平。</p>
<p>TLRY 跌至 5.6 美元，远低于年初至今接近 10 美元的高点。本文探讨了股价暴跌的一些主要原因。</p>
<h2>Tilray Brands 股价下跌，投资者抛售大麻重新分类的消息</h2>
<p>在司法部和 FDA 宣布将大麻重新分类为一种危险性较低的药物后，TLRY 股价在四月份出现了抛物线式上涨。</p>
<p>这一举措对 Tilray 来说是个好消息，因为该公司在美国没有大麻业务。</p>
<p>管理层最近的声明暗示，当商业环境改善时，可能会进入美国市场。</p>
<p>因此，股价暴跌，投资者抛售消息。</p>
<p>这是一个常见的情况，投资者在重要新闻事件之前或事件发生后立即购买资产，并在新闻事件发生时出售。</p>
<p>在这种情况下，大麻重新分类的消息已经被市场参与者定价。</p>
<p>与此同时，法院可能会推翻这一决定，指出其未遵循正确程序。一些相关团体已提起诉讼，寻求推翻该决定。</p>
<p>其他大麻股票仍然处于紧张状态，AdvisorShares Pure US Cannabis ETF（MSOS）交易价格为 5.25 美元，低于年初至今的高点 5.57 美元。</p>
<h2>饮料业务仍在挣扎</h2>
<p>Tilray Brands 在过去几年中一直在多元化其业务，以期抵消大麻行业的疲软。</p>
<p>其策略是成为酒类行业的主要参与者。</p>
<p>在过去几年中，它进行了几项重大收购，包括来自 AB InBev 和 Molson Coors 等公司的收购。</p>
<p>然而，挑战在于这些努力并未取得成效，因为酒精消费正在下降。</p>
<p>其最近的业绩显示，饮料业务的收入为 4260 万美元，低于去年同期的 5590 万美元。</p>
<p>其毛利率从之前的 36% 降至 32%。</p>
<h2>通过收购实现增长的担忧</h2>
<p>Tilray Brands 的股价下跌还因为管理层通过收购实现增长的策略，主要集中在国际业务上。</p>
<p>其最近的业绩显示，收入增长了 11%，达到 2.06 亿美元。其国际业务在本季度增长了 73%。</p>
<p>它最近收购了 BrewDog 和 Lyphe Group。</p>
<p>与此同时，Tilray 继续亏损巨额资金。其第三季度的总亏损缩小至 2520 万美元。</p>
<h2>Tilray 股票技术面因素导致暴跌</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Tilray-stock.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Tilray-stock.png"/></p>
<p><em>TLRY 股票图表 | 来源：TradingView</em></p>
<p>技术面因素也导致了 Tilray Brands 今年股价的持续暴跌。</p>
<p>它一直低于所有移动平均线，最近跌破了重要支撑位 5.93 美元，这是今年 3 月 30 日的最低水平， invalidating 了形成的双底形态。</p>
<p>有迹象表明，股价在 200 日指数移动平均线处遭遇拒绝。</p>
<p>因此，Tilray 股票的最可能预测是看跌，下一重要目标为 4 美元。</p>
<p>如果股价突破 200 日移动平均线 8.65 美元，则看跌前景将失效。</p>
<p>本文首发于 Invezz，标题为《Tilray Brands 股价为何在大麻重新分类后暴跌》。</p>

TLRY

<p>Tilray Brands 的股票已暴跌至 5.6 美元，为自八月以来的最低点，尽管最近美国对大麻的重新分类本应对公司有利。投资者在消息公布后抛售了股票，因为这一重新分类早已被预期。此外，饮料业务收入下降的担忧以及公司通过收购实现增长的战略也加剧了股票的下跌。技术分析显示出看跌的前景，若股票未能突破 200 日移动平均线 8.65 美元，潜在目标为 4 美元</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/Tilray-Brands.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/Tilray-Brands.png"/></p>
<p>Tilray Brands stock price crashed to its lowest level since August last year despite the recent US policy change that opened the door to its expansion in the country.</p>
<div class="lb-trans"><p>尽管最近美国政策的变化为其在该国的扩张打开了大门，Tilray Brands 的股价仍跌至去年八月以来的最低水平。</p>
</div><p>TLRY dropped to $5.6, much lower than the year-to-date high of nearly $10. This article explores some of the top reasons why the stock has plunged.</p>
<div class="lb-trans"><p>TLRY 跌至 5.6 美元，远低于年初至今接近 10 美元的高点。本文探讨了股价暴跌的一些主要原因。</p>
</div><h2>Tilray Brands stock has dropped as investors sell the cannabis reclassification news</h2>
<div class="lb-trans"><h2>Tilray Brands 股价下跌，投资者抛售大麻重新分类的消息</h2>
</div><p>TLRY stock price went parabolic in April after the Justice Department and the FDA announced that they were reclassifying cannabis into a less dangerous drug.</p>
<div class="lb-trans"><p>在司法部和 FDA 宣布将大麻重新分类为一种危险性较低的药物后，TLRY 股价在四月份出现了抛物线式上涨。</p>
</div><p>Such a move was good for Tilray, a company that has no cannabis operations in the United States.</p>
<div class="lb-trans"><p>这一举措对 Tilray 来说是个好消息，因为该公司在美国没有大麻业务。</p>
</div><p>In recent statements, the management has hinted of a possible US entry when business conditions improve.</p>
<div class="lb-trans"><p>管理层最近的声明暗示，当商业环境改善时，可能会进入美国市场。</p>
</div><p>Therefore, the stock has crashed as investors sell the news.</p>
<div class="lb-trans"><p>因此，股价暴跌，投资者抛售消息。</p>
</div><p>This is a common situation where investors buy an asset before or immediately after an important news event and sell it when the news event happens.</p>
<div class="lb-trans"><p>这是一个常见的情况，投资者在重要新闻事件之前或事件发生后立即购买资产，并在新闻事件发生时出售。</p>
</div><p>In this case, the cannabis reclassification was already priced in by market participants.</p>
<div class="lb-trans"><p>在这种情况下，大麻重新分类的消息已经被市场参与者定价。</p>
</div><p>At the same time, there is a likelihood that the court will reverse the decision, noting that it did not follow the right procedure. Some interested groups have filed a lawsuit seeking to reverse it.</p>
<div class="lb-trans"><p>与此同时，法院可能会推翻这一决定，指出其未遵循正确程序。一些相关团体已提起诉讼，寻求推翻该决定。</p>
</div><p>Other cannabis stocks remain on edge, with the AdvisorShares Pure US Cannabis ETF (MSOS) trading at $5.25, down from the year-to-date high of $5.57.</p>
<div class="lb-trans"><p>其他大麻股票仍然处于紧张状态，AdvisorShares Pure US Cannabis ETF（MSOS）交易价格为 5.25 美元，低于年初至今的高点 5.57 美元。</p>
</div><h2>The beverage business is still struggling</h2>
<div class="lb-trans"><h2>饮料业务仍在挣扎</h2>
</div><p>Tilray Brands has been diversifying its business in the past few years as it seeks to offset the weakness of the cannabis industry.</p>
<div class="lb-trans"><p>Tilray Brands 在过去几年中一直在多元化其业务，以期抵消大麻行业的疲软。</p>
</div><p>Its approach has been to become a major player in the alcohol industry.</p>
<div class="lb-trans"><p>其策略是成为酒类行业的主要参与者。</p>
</div><p>It has made some major acquisitions in the past few years, including from companies like AB InBev and Molson Coors.</p>
<div class="lb-trans"><p>在过去几年中，它进行了几项重大收购，包括来自 AB InBev 和 Molson Coors 等公司的收购。</p>
</div><p>The challenge, however, is that these efforts are not paying off as alcohol consumption drops.</p>
<div class="lb-trans"><p>然而，挑战在于这些努力并未取得成效，因为酒精消费正在下降。</p>
</div><p>Its recent results showed that the beverage business made $42.6 million in revenue, down from $55.9 million in the same period a year earlier.</p>
<div class="lb-trans"><p>其最近的业绩显示，饮料业务的收入为 4260 万美元，低于去年同期的 5590 万美元。</p>
</div><p>Its gross profit margin dropped to 32% from the previous 36%.</p>
<div class="lb-trans"><p>其毛利率从之前的 36% 降至 32%。</p>
</div><h2>Growth through acquisitions concerns</h2>
<div class="lb-trans"><h2>通过收购实现增长的担忧</h2>
</div><p>Tilray Brands stock price has also dropped because of the management’s approach of growth through acquisitions, essentially in the international business.</p>
<div class="lb-trans"><p>Tilray Brands 的股价下跌还因为管理层通过收购实现增长的策略，主要集中在国际业务上。</p>
</div><p>Its recent results showed that its revenue rose by 11% to $206 million. Its international business grew by 73% during the quarter.</p>
<div class="lb-trans"><p>其最近的业绩显示，收入增长了 11%，达到 2.06 亿美元。其国际业务在本季度增长了 73%。</p>
</div><p>It recently acquired BrewDog and Lyphe Group.</p>
<div class="lb-trans"><p>它最近收购了 BrewDog 和 Lyphe Group。</p>
</div><p>At the same time, Tilray continues to lose substantial sums of money. Its total loss narrowed to $25.2 million in its third quarter.</p>
<div class="lb-trans"><p>与此同时，Tilray 继续亏损巨额资金。其第三季度的总亏损缩小至 2520 万美元。</p>
</div><h2>Tilray stock technicals have contributed to the crash</h2>
<div class="lb-trans"><h2>Tilray 股票技术面因素导致暴跌</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Tilray-stock.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/Tilray-stock.png"/></p>
<p><em>TLRY stock chart | Source: TradingView</em></p>
<div class="lb-trans"><p><em>TLRY 股票图表 | 来源：TradingView</em></p>
</div><p>Technicals have also contributed to the ongoing Tilray Brands stock crash this year.</p>
<div class="lb-trans"><p>技术面因素也导致了 Tilray Brands 今年股价的持续暴跌。</p>
</div><p>It has remained below all moving averages, and most recently, it dropped below the important support level at $5.93, its lowest level on March 30th this year, invalidating the forming double-bottom pattern.</p>
<div class="lb-trans"><p>它一直低于所有移动平均线，最近跌破了重要支撑位 5.93 美元，这是今年 3 月 30 日的最低水平， invalidating 了形成的双底形态。</p>
</div><p>There are signs the stock found rejection at the 200-day Exponential Moving Average.</p>
<div class="lb-trans"><p>有迹象表明，股价在 200 日指数移动平均线处遭遇拒绝。</p>
</div><p>Therefore, the most likely Tilray stock forecast is bearish, with the next important target being at $4.</p>
<div class="lb-trans"><p>因此，Tilray 股票的最可能预测是看跌，下一重要目标为 4 美元。</p>
</div><p>The bearish outlook will become invalid if the stock moves above the 200-day moving average at $8.65.</p>
<div class="lb-trans"><p>如果股价突破 200 日移动平均线 8.65 美元，则看跌前景将失效。</p>
</div><p>The post Here’s why Tilray Brands stock has crashed after cannabis reclassification appeared first on Invezz</p>
<div class="lb-trans"><p>本文首发于 Invezz，标题为《Tilray Brands 股价为何在大麻重新分类后暴跌》。</p>
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以下是 Tilray Brands 股票在大麻重新分类后股价暴跌的原因