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Last Updated on by Aardvark

The three largest cannabis producers in Canada just had their 2022 sales forecasts cut by hundreds of millions of dollars.

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Tilray (TLRY), Canopy (CGC), and Aurora (ACB) have come under pressure from falling stock prices, poor execution by executive teams, and an increasingly competitive landscape across the adult-use industry.

Market analysts expect an 11.7% market share for Tilray (TLRY), down 15% from the previous quarter. Canopy (CGC) is looking at a 10% drop in market share in Q3 to 8.6%. Aurora (ACB) is also down 2.8% from 3.7% in Q3.

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The post Tilray, Canopy, and Aurora Have 2022 Forecasts Cut appeared first on Cannabis Stock Trades.

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By Aardvark

How's it going fellow growers and smokers! I'm the Aardvark and have been growing and doing grow shows online for many years now. I have helped various companies launch as well as helped test grow for specific breeders trying to prove out certain strains and traits.