TLRY vs CGC

For growth investors, Tilray Brands, Inc.

(TLRY) is the stronger pick with 4. 8% revenue growth year-over-year, versus -9. 5% for Canopy Growth Corporation (CGC). Analysts rate Tilray Brands, Inc. (TLRY) a "Hold" — based on 20 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, Tilray Brands, Inc.

(TLRY) delivered a total return of -59. 3%, compared to -99. 5% for Canopy Growth Corporation (CGC). Over 10 years, the gap is even starker: TLRY returned -74. 3% versus CGC's -94. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Canopy Growth Corporation (CGC) is the lower-risk stock at 1.

90β versus Tilray Brands, Inc. 's 2. 03β — meaning TLRY is approximately 7% more volatile than CGC relative to the S&P 500. On balance sheet safety, Tilray Brands, Inc. (TLRY) carries a lower debt/equity ratio of 22% versus 72% for Canopy Growth Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Tilray Brands, Inc.

(TLRY) is pulling ahead at 4. 8% versus -9. 5% for Canopy Growth Corporation (CGC). On earnings-per-share growth, the picture is similar: Canopy Growth Corporation grew EPS 37. 1% year-over-year, compared to -651. 7% for Tilray Brands, Inc.. Over a 3-year CAGR, TLRY leads at 12. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Canopy Growth Corporation (CGC) is the more profitable company, earning -222.

4% net margin versus -266. 3% for Tilray Brands, Inc. — meaning it keeps -222. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CGC leads at -43. 5% versus -277. 9% for TLRY. At the gross margin level — before operating expenses — CGC leads at 29. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Canopy Growth Corporation (CGC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding.

Tilray Brands, Inc. (TLRY) carries a higher beta of 2. 03 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CGC: -94. 2%, TLRY: -74. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.