Question: why is tilray stock dropping?
Answer: Shares of Tilray (NASDAQ:TLRY) had fallen 11.5% as of 11:03 a.m. EST on Tuesday. The drop resulted from the Canadian cannabis producer's disappointing fourth-quarter update after the market closed on Monday. ... It also reported a big net loss in Q4 of $219.1 million, or $2.14 per share.