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Bullboard - Stock Discussion Forum 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... see more

NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > Tilray made a good move
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Post by CaneIsAbel on May 26, 2023 5:17pm

Tilray made a good move

At a time where cannabis companies are having a hard time lending anywhere, Tilray managed to refinance some of its debt at a lower interest rate and push it out until 2027. About 15 million will be added to Tilray warchest. Remember Tilray had over 450 million in cash UsD. They could have paid these notes without needing this transaction to occur. That's assuming they are a company that has no plans to grow or acquire. They obviously have plans and would rather kick the ball down the field which is smart. Stay cash Rich. Some of the language includes newly issued shares of 38 million which Tilray receives cash for. Tilray expects that the shares once given to the purchaser may use them for a short position or however the heck they want to distribute them and Tilray receives bo further funds in respect to that. Other then 15 million this deal was just refinancing existing debt at a better interest rate so Tilray can hang on to its cash for the obvious reasons that we are going to acquire and merge further and grow. #Tilray #safeBanking #descheduleCannabis.  After the Hexo merger there will be plenty more. Look at newly formed companies like BGXX with DEA approval. I know some of the owners personally and they can't get a loan for the life of them in this market and these conditions without private placements.  Tilray is doing what's necessary to survive and thrive as the king of cannabis.  Eventually interest rates will come down. The debt ceiling insanity will be over and Tilray will announce fantastic news on another merger or acquired company to add to our margins. Safe banking has the best chances of passing this time around opening up banks to investing and working both with state cannabis companies in the USA. Also safely investing in cannabis companies on the Nasdaq. Let's not forget Germany working out its recreational plan that I can garauntee will include Tilrays German Certfied facility local in the country. We also just expanded in Italy. Gave patience people. I know some of you have been patient for years but God willing the plan will come together. Just be patient a little longer
Comment by BudFoxx2020 on May 26, 2023 5:24pm
This post has been removed in accordance with Community Policy
Comment by OhYaBaby on May 26, 2023 5:36pm
Incredible and well said. Nice to see you back and finally a voice of reason.  Breath of fresh air from all the negativity from people who don't understand IS built a multi billion dollar company. Are we going to trust negative people who hang out on Tilray stock forum for years? or Irwin Simon who has a proven multi billion dollar track record and is living in the real world doing real ...more  
Comment by Ventura2020 on Jun 05, 2023 6:53pm
CIA Exposed! Go ahead and have your own post removed.  
Comment by Keeler on May 26, 2023 7:15pm
And here I thought Hexo was the dumbest board on Stockhouse.
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