We recently compiled a list of the 12 Cheap Pot Stocks to Buy According to Hedge Funds. Tilray Brands, Inc. is placed first on our list.
Tilray Brands, Inc. (NASDAQ:TLRY) tops our list for being one of the cheap pot stocks to buy. It is a global leader in cannabis, beverage, and wellness sectors, reporting Q4 fiscal 2025 revenue of $224.53 million, reflecting a slight 2.3% year-over-year decline. While cannabis and beverage revenues dipped due to strategic shifts and permit delays, the distribution and wellness segments showed modest growth. Despite a significant net loss, mainly from non-cash impairment charges, adjusted earnings per share exceeded expectations, highlighting operational resilience. CEO Irwin D. Simon emphasized the company’s focus on innovation and leveraging its global infrastructure to capitalize on the expanding legal cannabis market.
Tilray Brands, Inc. (NASDAQ:TLRY) continues to diversify through international expansion and strengthening its beverage portfolio, notably acquiring four craft beer brands from Molson Coors in the U.S. The company is also adopting AI-driven horticulture automation to improve efficiency and cut costs in its global greenhouse operations, signaling a technology-forward strategy amid industry challenges.
A laboratory with white-coated technicians carefully measuring out cannabis extracts.
Investor confidence received a boost with CFO Carl A. Merton’s insider purchase of 33,500 shares in late July 2025, indicating internal belief in Tilray Brands, Inc. (NASDAQ:TLRY)’s future despite the modest transaction size.
While we acknowledge the potential of TLRY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.