Shares of Tilray (TLRY Quick QuoteTLRY - Free Report) closed sharply higher in Wednesday’s trading session, gaining 25.8% after reporting mixed fourth-quarter earnings results.

Today’s results are the first since Tilray merged with Aphria in May. GAAP earnings hit $0.18 per share, but revenue of $142.2 million fell slightly short of Street expectations. Free cash flow grew to $3.3 million compared to cash burn of $28.3 million in the year-ago quarter.

Other marijuana stocks like Canopy Growth (CGC Quick QuoteCGC - Free Report) , Cronos Group (CRON Quick QuoteCRON - Free Report) , Aurora Cannabis (ACB Quick QuoteACB - Free Report) , and Hexo all rallied today as well.

Wednesday’s move higher comes after a down week last week for marijuana stocks. A barrage of negative headlines spooked investors as two competing legalization bills make their way through the U.S. House & Senate.