How to Invest in Tilray Stock

How to buy Tilray stock

Investing in marijuana stocks such as Tilray is really no different from investing in any stock. Just follow these basic steps

1. Open your brokerage account: Log in to your brokerage account where you handle your investments.
2. Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
3. Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
4. Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
5. Submit your order: Confirm the details and submit your buy order.
6. Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Should I invest in Tilray?

The answer depends on you.

Probably the most important factor in answering this question is your risk tolerance. Cannabis stocks tend to be highly volatile and quite risky. Tilray is no exception.

The company must pay high excise taxes in Canada, due to a flat tax rate being applied to all Cannabis products. Tilray can't expand into the U.S. cannabis market because doing so would cause the company to lose its listing on the Nasdaq stock exchange.

There's uncertainty about whether Tilray's aggressive acquisition strategy will pay off. The company acquired Montauk Brewing in November 2022. It bought Hexo in June 2023. In October 2023, Tilray acquired eight craft beer brands from Anheuser-Busch InBev (BUD -0.07%). In 2024, Tilray acquired Hop Valley Brewing in September 2024 among other premium beer brands.

On the other hand, Tilray could have tremendous long-term growth prospects. Fortune Business Insights predicts that the global cannabis market will increase by a compound annual growth rate of 34% to more than $444 billion by 2030.

Tilray appears well-positioned to benefit from this projected growth. The company claims the No. 1 market share in the Canadian cannabis market. It has an early-mover advantage in Europe, with operations in Portugal and Germany.

There are two potential catalysts that could be especially important for Tilray on this front. Germany, which already has a thriving medical cannabis market, legalized adult-use marijuana in 2024, although the market remains limited due to strict regulations. The U.S. could also legalize cannabis at the federal level at some point.

Cannabis isn't the only opportunity for Tilray, though. Beverage alcohol could become just as big a business for the company in the not-too-distant future. Thanks to the brands it bought from Anheuser-Busch, Tilray now ranks as the fourth-largest craft brewer in the U.S.

Is Tilray profitable?

Tilray is finally profitable in Q4 of 2025, touting $67.6 million in gross profit. However, the company is already generating positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) -- an important prerequisite for achieving profitability.

Does Tilray pay a dividend?

Most cannabis stocks don't have dividend programs. Tilray is no exception. Investors probably shouldn't expect the company to initiate a dividend anytime soon.

Will Tilray stock split?

While several companies have recently conducted stock splits, Tilray isn't in the group. The company has never conducted a stock split in its history and has not announced any plans to do so.

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