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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 May 17, 2024 11:09pm
214 Views
Post# 36046871

quinlash of course misleads with 'book value', simply

quinlash of course misleads with 'book value', simplyassets less liabilities.

Maersk is correct of course, Tilray reports $2 billion in 'goodwill', $100 million in 'Intangible Assets and $250 million in invenory.
As they did last year - Tilray will write off at least $1.5 BILLION again this year, reducing their 'book value'.

Misleading, misinformation can be a dangerous tool in the hands of a paid promoter - Tilray is attractive to naive, new investors. Look elsewhere and dont bother with quinlash nonsense - there are far better chocies out there..


Comment by Maerskon May 17, 2024 9:08pm
30 Views 
Post# 36046786

RE:RE:RE:Tilray Brands seeks US$250M for U.S. cannabis expansion

Book value is a useful metric, unless the company has squandered its capital on terrible acquisitions, and more than half of its supposed "value" is in goodwill and intangibles. Tilray is trading at more than 5x its tangible book value. They didn't invent marijuana, they just found a way to sell it at a loss.

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