Skip to content
Subscriber Only

Pot Stock Tilray Is Now Bigger Than American Air, Clorox, CBS

Video player cover image
Tilray Shares Soar as CEO Touts Pot's Growth Potential

Tilray Inc., crowned Tuesday as the most valuable pot company, is now bigger than many leaders in other industries -- including household names that are more than 100 years old.

The British Columbia, Canada-based cannabis company opened higher by 50.7 percent Wednesday, bringing its total market value to $21.7 billion, according to data compiled by Bloomberg. This exceeds the values of American Airlines Group Inc. at $18.7 billion, Clorox Co. at $19.5 billion, and CBS Corp. at $20.9 billion as of Tuesday’s close, while closing in on Hershey Co. at $21.7 billion.