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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 24, 2024 2:28pm
40 Views
Post# 36056349

quinlash - you base your posts on the fact that Canopy

quinlash - you base your posts on the fact that Canopyand Truss took over a year to introduce infused beverages??????

THIS is a perfect example of your faulty research - and thus your poor choice of cannabis investments - chossing CANADIAN companys sucha s Zenabis, Hexo and Tilray.

Instead of posting uninformed mis-information, do some actual research.
Google Curaleaf infused beverages - they've been sellig infused beverages since 2021 I think, they offer infused beverages, a liquid squeeze enhancer and cbd beverages.

Truss a home run?
Molson termianted Truss USA due to 'immaterial sales
Molson unloaded Truss Canada for $6 million because Molson - who've been in the 'beverage' industry for awhile now, recognized a loser - a cash burning failure in Truss.

Truss reports less than $12 million in annual gross sales - and has never come close to being profitable or cash flow positive. Tilray doesnt have the cash to exapnd Truss.

Hexo - Tilray acquired for $250 million - Hexo contributes $10 million a quarter in revenue, and brought NEGATIVE gross margins to the table.

You would be better not posting anything - than posting the mis-information that you do.


 
Comment by quinlashon May 24, 2024 1:45pm
14 Views 
Post# 36056268

RE:Cannabis Drink Market

It took Canopy over a year to get drinks out and their first attempt failed with the oils separating from the drink.  HEXO (Truss) took longer, figured out the technology, patented it.  Their drinks were a homerun from day 1.

Tilray bought out Hexo+Truss

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