5 Cheap Pot Stocks To Buy

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In this article, we will take a look at the 5 cheap pot stocks to buy. If you want to explore similar stocks, you can also read 10 Cheap Pot Stocks To Buy.

5. Tilray Brands, Inc. (NASDAQ:TLRY)

PE Ratio as of January 3: 6.71

Tilray Brands, Inc. (NASDAQ:TLRY) is a leading global cannabis company that is focused on the production, research, development, and distribution of pharmaceuticalgrade cannabis and hemp products. The company does business through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business.

Tilray Brands, Inc. (NASDAQ:TLRY) is one of the top names in the cannabis space and is currently presenting an attractive buying opportunity for investors. As of January 3, the stock is trading at a trailing twelve-month PE ratio of 6.71. Tilray Brands, Inc. (NASDAQ:TLRY) is one of the best cheap pot stocks to buy now.

On December 28, Piper Sandler analyst Michael Lavery maintained a Neutral rating and his $3 price target on Tilray Brands, Inc. (NASDAQ:TLRY).

At the end of Q3 2022, 16 hedge funds held stakes in Tilray Brands, Inc. (NASDAQ:TLRY). The total value of these stakes amounted to $33.5 million. As of September 30, D E Shaw is the largest shareholder in the company and has a position worth $9.34 million.

Follow Tilray Brands Inc. (NASDAQ:TLRY)

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