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Tilray shares rose 38.8% on Tuesday after the company signed an agreement with Grow Pharma to import and distribute its medical cannabis products in the UK.

Under the contract, Tilray will be able to make these products available to UK patients on prescriptions obtained through the country’s National Health Service or a general practitioner. The company expects these products to be available in the UK next month.

“This partnership with Grow Pharma provides patients in need with access to sustainable supplies of GMP-certified, high-quality medical cannabis and is an important step towards improving access in the UK,” said Brendan Kennedy, CEO of Tilray, in a statement.

Pierre van Weperen, CEO of Grow Pharma, also noted that the agreement will provide British patients with “safe and sustainable supply of the highest quality medical cannabis products”.

This deal is Tilray’s latest move to expand its market share in the cannabis space. In December, Tilray announced it would merge with Aphria in an all-stock deal to create the world’s largest cannabis company when the deal is closed.

Tilray shares were on fire this year, rising nearly 400% as demand for cannabis products grows in the US and around the world.

Almost eight years after “Grand Theft Auto V” was released, Take-Two Interactive’s biggest game is selling better than ever, CEO Strauss Zelnick told CNBC’s Jim Cramer on Tuesday.

The video game, the newest major version of the title series “Grand Theft Auto” from the game developer’s Rockstar Games division, sold approximately 20 million copies in 2020 and has sold 140 million units since its release. Two’s corporate earnings reports.

“We are grateful for the incredible work that Rockstar Games has done with ‘Grand Theft Auto’ and ‘Grand Theft Auto Online’,” said Zelnick in an interview on “Mad Money”. “It is absolutely amazing that ‘Grand Theft Auto’ has sold more units on the 2020 calendar than in any year since its original release in 2013. It’s just extraordinary.”

Since the action-adventure franchise was first released in the late 1990s, Rockstar Games has sold more than 335 million units of the series, Take-Two said in its latest quarterly report on Monday. For the company’s third fiscal quarter, Take-Two posted net bookings of $ 814 million and earnings per share of $ 1.24, exceeding analyst estimates.

Net bookings make up both digital and physical sales.

During the three-month period ended December 31, Take-Two’s net bookings were 8% down from the $ 888 million reported in the year-ago quarter. Despite the last quarter’s decline in business, net bookings rose 22% in the first three quarters of fiscal 2021. Recurring consumer spending, which sales are expected to continue in the future, rose 30% and accounted for 58% of net bookings, the company said.

The growth in net bookings was driven in large part by the game franchises Grand Theft Auto, NBA 2K and Mafia.

“Grand Theft Auto,” which took Take-Two’s fiscal year up $ 227 million in revenue, isn’t the company’s only winner.

“We have a lot of other franchises: 11 franchises have sold at least 5 million each with a single release; 67 franchises have at least a 2 million release,” Zelnick said. “I don’t think any other company can say that. And we’re trying to do more.”

Much like subscriber growth in video streaming subscriptions, the video game industry has benefited from consumers looking for more entertainment at home amid the pandemic, according to Zelnick. After attracting new players and reactivating existing ones, Take-Two expects the post-pandemic trends to continue, he said.

“We don’t have to eat everyone’s lunch to be successful. However, there has been a systematic shift in favor of interactive entertainment, which is still the fastest growing part of the audiovisual entertainment business,” he said. “I think this will continue.”

Take-Two raised its outlook for fiscal year 2021, which is expected to end in March. The company anticipates net bookings for the current quarter to be between $ 602 and 652 million, while for the fiscal year net bookings will be between $ 3.37 and $ 3.42 billion. Take-Two previously forecast net bookings between $ 3.15 billion and $ 3.25 billion.

Take-Two’s shares sold more than 6% on Tuesday, bringing the stock to $ 200.31 at close of trading. The decline has depressed the share by 3.6% since the beginning of the year.

Dan Rosensweig, CEO of Chegg, told CNBC on Tuesday that the education platform is focusing on international expansion this year as business continues to surge amid the coronavirus pandemic.

Last year, the Santa Clara, California-based company began investing overseas to bring the number of students who subscribe to international subscribers to service and management projects to six-digit numbers by the end of 2021.

“Over the course of the year we will have over 1 million subscribers outside the US in 190 different countries,” said Rosensweig in a “Mad Money” interview with Jim Cramer.

Among these countries, Chegg, which started out as a textbook supplier in 2005, is currently heavily represented in Canada, Australia and the UK. The company is seeing strong growth in the Middle East and Asia, but has no plans to expand into China, the world’s second largest economy.

Chegg hasn’t disclosed the number of non-U.S. Users it serves, but Rosensweig said its online program is needed worldwide as colleges, many of which closed or closed campus access in the past year, amid a global health crisis have restricted looking for ways to serve students remotely.

The company started thinking about international expansion in 2019 and predicts that the international market offers greater opportunity than what is available in the US. Some of its investments in its international services include language translation technology.

While Chegg is not currently disclosing any international revenue, the company recorded a 67% subscriber growth in 2020, reaching 6.6 million users. Total revenue, broken down into the company’s Chegg Services and Required Materials businesses, increased 57% year over year to $ 644.3 million. Revenue growth is higher than the less than 30% growth rate the company saw in the previous two years.

“What we do is something that every student around the world clearly needs, and we are proud of what we do,” said Rosensweig. “It’s exciting to see this growth.”

Based on the momentum that Chegg saw in the final quarter of 2020 and the opening quarter of 2021, the company has raised its forecasts for the current year, which will be driven by both domestic and international business.

Chegg expects total sales for this year between 780 and 790 million US dollars, which corresponds to a growth of almost 23% over the previous year in the upper price segment.

“This is the wave of the future,” said Rosensweig. “Either the institutions understand, invest in and reevaluate what they teach, how they teach, how they monitor and evaluate students, or they will lose completely.”

Chegg’s shares rose 0.34% on Tuesday to hit an all-time high of $ 102.35. The stock is up 13% since the start of the year.

Chegg more than doubled its market cap in 2020 and is currently valued by the market at $ 13.18 billion.

With stock market trading at record levels, CNBC’s Jim Cramer on Tuesday gave advice on how investors can capitalize and make profits if stocks fall in the future.

“The market is often wrong, especially during the profitable season. You need memory to take advantage of these temporary multi-day declines,” said the Mad Money host.

The comments come after a mixed day on Wall Street as the Dow Jones and S&P 500 averages fell from their highs the previous day and both indexes had a six-day winning streak. The Dow fell 10 points to 31,375.83 and the benchmark S&P 500 index fell slightly 0.11% to 3,911.23.

The Nasdaq Composite was the exception. It rose 0.14% on a record close of 14,007.70 and extended its winning streak to four days.

“There’s always a sell-off … so on a balmy day when not much has happened,” said Cramer, “let me tell you how you can take advantage of the next sell-off. You have to remember what the last time it was plastered and then bounced back right away, so you’re ready for the next opportunity. “

Cramer used recent deals at Chipotle and Constellation Brands as examples.

Chipotle stocks retreated nearly 3% in two trading days after the restaurant chain released a mixed quarterly report a week ago. While some investors disliked the company’s vacation quarter results, Cramer called it a mistake, as Chipotle saw 11% revenue growth in the same business in January, the first month of the current quarter.

Shares have rallied 4.8% since then, hitting a new closing high of $ 1,550.49 on Tuesday.

“This stock was crushed by people who didn’t like the neighborhood. I told you they were wrong. Why? Because these people didn’t know,” Cramer said. “Sure enough, today Chipotle hit a new all-time high. Don’t sell it. For now, the company is only beating it with delivery and all sorts of new ways to deal with takeaway.”

Constellation Brands, the spirits and wine company whose brands include Modelo and Corona, lost 8% in market value after posting sales and earnings spikes in the third quarter of fiscal about a month ago. After falling below $ 211 in late January, Constellation stock has since rebounded nearly 11% to $ 233.8 on Tuesday.

The alcohol company is also heavily involved in Canadian cannabis producer Canopy Growth, which reported mixed results in its fourth quarter report on Monday. Canopy stocks are up nearly 63% over the past month.

“The market was just plain stupid. It was stupid as a bag of hammers. Today Constellation hit $ 233,” said Cramer. “This will hit its all-time high of $ 240. Canopy is up from $ 29 to $ 49. [CEO] Bill Newlands came [this show] and he gave you a two-fer, but you had to listen. You had to know he was right and the market was wrong. “