Tilray Brands Inc TLRY

TLRY #1 Leading Cannabis Market Share in Canada & Germany

[Savage97]

Amid an intensely competitive and over-saturated market, Tilray remains the market leader in the CAD$4.26 billion Canadian cannabis market, driven by a portfolio of carefully curated brands across all consumer segments; medical, wellness, innovative cannabis 2.0 products across concentrates, edibles, and drinks; processing capacity; and distribution. In order to address the saturated marketplace, Tilray has implemented strategic price adjustments, expanded distribution through its coast-to-coast agreement with Rose Life Sciences and Great North Distributors, and doubled-down on and accelerated product innovation.

• Tilray is also the only company currently supplying the German government with medical cannabis grown in-country. The Company’s state-of-the-art EU GMP certified cultivation facility in Germany has additional capacity to immediately support entry into the recreational market upon legalization, which the new German coalition government is accelerating.  Tilray is also the only Company with two EU GMP certified cannabis facilities in Europe. This unparalleled production capability coupled with Tilray’s sales arrangements through major distribution channels in Germany, the UK, and other key markets, and strong relationships with local governments and the trust of patients give Tilray the ability to drive accelerated growth.    
• $$$

[Rotaluceps]

Right, the same pumping news. Begin number one means nothing if a company can't generate enough revenue. It would be better to be smaller, number ten and actually makes a profit. Tilray had $5 millions more revenue in the Nov 21 quarter than in Nov 2022. 

[Rotaluceps]

Tilray as many others expanded too fast in all the direction. They are not doing any profit with the above. It will not bring money for years. The regulation is not even passed. Remember the US legalisation at the FED level. It will not happen for years. 

[Oldweed]

Sure, but if you wait until the market is open you will be late to the party and pay top dollar for leftovers.

[Savage97]

King Canbabis Irwin Simon has been managing positive EBITDA while adding the infrastructure, production facilities and distribution networks needed for the long-term growth opportunities that are coming with the increasing acceptance of medical and recreational use of cannabis globally. TLRY has been simplifying their supply chain, maximizing their production and cultivation efficiencies