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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 Keeleron Apr 15, 2024 11:49am
370 Views
Post# 35989479

Quinlash - it would seem you’re the one

Quinlash - it would seem you’re the one

that needs to read the financials.

Alocohol overall has shown increased revenue - however, gross margin is significantly lower than industry average

He referred to craft beer - the report specifically stated that gross profit was down iin alcohol division due specifically to low craft beer margins - related to poor sales.

Increased revenue is meaningless when increased direct expenses related to produce the product increase more. 

Whoever told you otherwise is mistaken.
 

Comment by quinlashon Apr 15, 2024 8:24am
50 Views 
Post# 35988939

RE:RE:Zack Savage, 

You should go back and read the quarter report summary on their website as well as open the financial reports.  Their alcohol sales are doing extremely well.

Whoever is telling you otherwise is mistaken.

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