OrganiGram Holdings Inc. (NASDAQ: OGI)Tilray, Inc.
Tilray, Inc. is in the process of merging with Aphria Inc. (NASDAQ: APHA) creating one of the largest revenue producers in the cannabis industry. At the present time, Tilray has a presence across 17 countries on five continents. In February Tilray reported its Q4 and 2020 full fiscal Year financials results. In detail, the companyâs revenue increased 26% to $210.5 million compared to 2019. Also, Tilray cut its net loss to $3 million in Q4 2020 compared to a net loss of $219.8 million in Q4 of 2019. As it stands Tilray is implementing a more focused efficient and competitive cost structure. After the launch in Canada of cannabis 2.0, the company has seen a rise of 26% in the adult-use market.