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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 Tradinghandson Apr 15, 2024 4:29pm
98 Views
Post# 35990251

Tough sector at this moment

Tough sector at this momentI dont see a lot of new money entering but the sell off from recent highs in ALL cannabis stocks is a red flag that the DEA isn't ready to make any decision plus not all DEA support legalization so you have a inhouse battle.  I think DEA will wait till after the election for any decision because I'm sure that they want to wait to see who they will be dealing with at every level of government and with the recent light shining on companies earnings investors might not see any reason to rush in. JMHO Just look at WEED today closing down $1.11 @ $9.59 from recent highs of $15.22 so money is being pulled out faster then its entering ALL cannabis stocks.
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