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Cannabis company Tilray Brands reports second-quarter loss, revenue down from year ago

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Cannabis company Tilray Brands reports second-quarter loss, revenue down from year ago
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Tilray, which keeps its books in U.S. dollars, says the loss amounted to 11 cents per diluted share for the three months ended Nov. 30

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reported a second-quarter net loss of US$61.6-million compared with net income of nearly US$5.8-million in the same quarter a year earlier.

Net revenue for the quarter totalled US$144.1-million, down from nearly US$155.2-million in the same quarter last year.

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