Tilray Brands, Inc. TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

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

Tilray Brands, Inc. > What to expect from TLRY on or before

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Comment by Vinny57on Jul 23, 2021 4:51pm

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Post# 33597480

RE:What to expect from TLRY on or before

Ghostinthedark wrote: Tuesday.

1). There's been no runnup--which likely indicates the street expects a further decline.

2. According to Yahoo Finance, TLRY is expected to post larger losses for the quarter.

3. The chart indicates a monthly, weekly low, and a daily low compared to yesterday...Today we touched near $16.7...

4. TLRY management ---with shareholder approval---will issue more shares in the coming weeks.

And so, I am expecting TLRY to drop below $16...perhaps $14...perhaps $14....

When TLRY rebounded today to $17.30, I sold my sizeable position, which I had bought earlier in the week at $16.78 as I recall.

So I am all cash as far as TLRY is concerned, but still holding other pot stocks.

I could be wrong. Just my opinion. But based on the technicals, charts, and no runnup, I fully expect TLRY to tank on Tuesday---by at least $1.00

But WTF do I know.