Cannabis Watch: Tilray stock rises after the company shows it can sell recreational pot

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Tilray Inc. finally showed investors that it is capable of selling recreational pot in Canada. Shares in the Canada-based weed producer rose more than 4% in the extended session Monday after Tilray TLRY, -0.36%   said quarterly sales grew to $15.5 million, up from $5.1 million in the year-ago period. Tilray said the average net selling price per gram of pot increased to $7.52 from $7.13 in the year-ago quarter.

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