2 Cheap Growth Stocks to Avoid for Now
As the biggest recreational marijuana seller in Canada and the largest medicinal operator in the European Union, Tilray Brands (NASDAQ: TLRY) is perhaps the most globalized marijuana business in the world. If there's going to be a business that reaps the benefits of the global growth of the cannabis industry, Tilray is likely to be it. The average price-to-book (P/B) ratio of the S&P 500 is near 4, but Tilray's P/B is 0.4.