5 Most Undervalued Pot Stocks To Buy According To Hedge Funds

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In this article, we will take a look at the 5 most undervalued pot stocks to buy according to hedge funds. To see more such companies, go directly to 11 Most Undervalued Pot Stocks To Buy According To Hedge Funds.

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

Number of Hedge Fund Holders: 16

Forward P/E as of February 6: 7.80

Tilray Brands, Inc. (NASDAQ:TLRY) ranks 5th in our list of the most undervalued pot stocks to buy according to hedge funds. Of the 920 funds tracked by Insider Monkey as of the end of the third quarter of 2022, 16 hedge funds had stakes in Tilray Brands, Inc. (NASDAQ:TLRY), compared to 14 hedge funds in the previous quarter. The total worth of these stakes was about $34 million. One of the biggest hedge fund stakeholders of Tilray Brands, Inc. (NASDAQ:TLRY) among these funds was DE Shaw’s hedge fund which had a $9.3 million stake in the company.

In January, Tilray Brands, Inc. (NASDAQ:TLRY) launched new ritual-based cannabis products including Solei Slims and Solei CBN Softgels. Tilray Brands, Inc. (NASDAQ:TLRY) said that Solei Slims will be available in 10-packs of 0.4g pre-rolls, while the Solei Softgels will roll out in the form of 30-capsule bottles.

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