Tilray Brands, Inc. (TLRY) experienced a decline today, closing at $1.40, down 3.45% from the previous close of $1.45. The stock opened at $1.48 and reached a high of $1.51 before declining to its low of $1.40. Despite the announcement that Tilray's German subsidiary secured a tender to supply Luxembourg with medical cannabis, the stock faced downward pressure. The news, while positive, was perceived by some investors as lacking substantial financial impact due to Luxembourg's small market size, as noted in discussions on reddit. One user commented, "Market doesn't care apparently. While the whole market is gapping up we still at the same price," reflecting skepticism about the announcement's immediate financial benefits. Additionally, the broader cannabis market has been under pressure due to past overvaluation and market saturation, which continues to weigh on investor sentiment.