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Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by hevinon Jun 09, 2021 1:24pm
100 Views
Post# 33355828

RE:Short squeeze Question

RE:Short squeeze Question You just asked the question I've been wondering too. Two answers:
a) While there are more shares than before, this time there are far more catalysts, including not just US and EU legalization but also the forseeable end to the Pandemic and reopening, which will increase our bottom line. This makes us more attractive to not just retail buyers, but institutional too.

b) MOST IMPORTANT: do not underestimate the power of the WSB reddit kids and the Robinhood gang....AMC has more than 500 million outstanding shares yet they managed to murder the shorts with more than 1000% gains (may be vast underestimate). We have fewer outstanding shares with 457 million. Should be fun times for a bit. Question is, how long can they sustain the short pain lol


StockDoc60 wrote:

Are there just too many outstanding shares to have a short squeeze back into the 60 dollar range like in February ????

 



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