Tilray CFO buys 10,000 shares amid 57% stock drop, signaling confidence despite cannabis market challenges.

Tilray Brands' CFO purchased 10,000 shares at $4.62 each, increasing his total holdings to 139,753 shares, showing insider confidence despite a 57% stock decline this year. The drop reflects broader cannabis market volatility and investor caution ahead of potential U.S. marijuana reclassification. Tilray reported an 11% revenue increase to $915.5 million, mainly from acquisitions, but profitability remains a challenge with adjusted net income down 60%. The company maintains financial stability with a low debt-to-equity ratio and strong current ratio, positioning it to navigate ongoing market uncertainties.