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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 14, 2024 5:19pm
151 Views
Post# 36039739

TLRY Tilray Brands

TLRY Tilray Brands

Tilray Brands continues to reduce its debt. German prescriptions and new patients have gone through the roof since legalization. Tilray Brands commanded double digit market share of Germany's medical cannabis industry prior to legalization. Piller 2 of German legalization already being pushed forward and recreational sales in the country will kick off far sooner then many expected.  On the domestic front many Canadian smaller companies unfortunately have exited the market but not so unfortunate for TLRY which remains paid up on all taxes. More market share opening up for Tilray Brands in Canada. South of the border TLRY continues to execute on its synergies moving production in house on its newly acquired brands from InBev. This will increase margins on par with the legacy businesses to above 45 percent.  Recent Analysis chimed in on TLRY as a buy with the market failing to assign proper value on its growing alcohol revenue and medical implications in the USA upon rescheduling or maybe even descheduling all together.  Germany Germany Germany TLRY brands.  

 

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