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.

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Tilray Brands, Inc. > Disappointing Q1, 2022 Earnings

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Post by CentreIce24on Oct 07, 2021 12:48pm

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Post# 33982766

Disappointing Q1, 2022 Earnings

Looking at this earnings report on QoQ basis
All the revenue increases came from the additional 2 months of legacy Tilray
Meaning we reported a full Q this time and not just 1 month
Which is the reason for the increase in Wellness revenues and for the most part Cannabis revenues
The old Aphria contributed nothing to this Q as Distribution was flat again and this is after being down +10% last Q
When you factor in an additional 2 months of cannabis revenue from legacy Tilray (approx $22-$23M) then Aphria's cannabis contribution was flat or slightly down
Beverage revenue was also down slightly
Please correct me if this is wrong
There are some headwinds still to be worked out in the next Q or two

GLTA
Cheers
CentreIce

Hopefully this cut and paste displays properly and you can judge for yourself