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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

Post by CaneIsAbelon May 26, 2023 5:17pm
430 Views
Post# 35466596

Tilray made a good move

Tilray made a good moveAt a time where cannabis companies are having a hard time lending anywhere, Tilray managed to refinance some of its debt at a lower interest rate and push it out until 2027. About 15 million will be added to Tilray warchest. Remember Tilray had over 450 million in cash UsD. They could have paid these notes without needing this transaction to occur. That's assuming they are a company that has no plans to grow or acquire. They obviously have plans and would rather kick the ball down the field which is smart. Stay cash Rich. Some of the language includes newly issued shares of 38 million which Tilray receives cash for. Tilray expects that the shares once given to the purchaser may use them for a short position or however the heck they want to distribute them and Tilray receives bo further funds in respect to that. Other then 15 million this deal was just refinancing existing debt at a better interest rate so Tilray can hang on to its cash for the obvious reasons that we are going to acquire and merge further and grow. #Tilray #safeBanking #descheduleCannabis.  After the Hexo merger there will be plenty more. Look at newly formed companies like BGXX with DEA approval. I know some of the owners personally and they can't get a loan for the life of them in this market and these conditions without private placements.  Tilray is doing what's necessary to survive and thrive as the king of cannabis.  Eventually interest rates will come down. The debt ceiling insanity will be over and Tilray will announce fantastic news on another merger or acquired company to add to our margins. Safe banking has the best chances of passing this time around opening up banks to investing and working both with state cannabis companies in the USA. Also safely investing in cannabis companies on the Nasdaq. Let's not forget Germany working out its recreational plan that I can garauntee will include Tilrays German Certfied facility local in the country. We also just expanded in Italy. Gave patience people. I know some of you have been patient for years but God willing the plan will come together. Just be patient a little longer 
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