Did cannabis company Tilray (TLRY) deliver a smoking hot first earnings report as a public company?

The verdict is out for now. Tilray's second quarter sales surged 95.2% from the prior year to $9.7 million, beating Wall Street estimates of $9 million. But, the company's loss per share came in at 17 cents, worse than estimates for a loss of 9 cents a share.

The net loss included non-cash compensation charges of $5.6 million. Tilray didn't issue an adjusted per share figure.

TheStreet looks at Tilray from a bull vs. bear perspective. 

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