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. Read More...
Reuters
Fisker reports higher orders, maintains annual production target
Demand for electric vehicles has surged globally as countries seek to tackle climate change by opting for cleaner transport options and setting net-zero carbon emissions targets. Fisker said reservations for the first model of Ocean rose to more than 65,000 as of Feb. 24, 2023, from 62,000 as of Oct. 31, 2022. Fisker reiterated the production target of 42,400 cars with its manufacturing partner Magna International’s Austrian unit in 2023, but said the forecast is dependent on supply chain deliveries as per its projection and timely homologation process.
