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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. > After receiving tens of millions in fees from Hexo
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Post by CaneIsAbel on Sep 09, 2023 4:18pm

After receiving tens of millions in fees from Hexo

And taking the tens of millions left in its coffers Tilray officially paid. Tilray also saved Hexos investors if they held on. Nothing else matters  to Tilray investors except what we paid and that's the bottom line 
approximately $56 million
 
The arrangement was approved by roughly 93.7% of all votes cast. In April, Tilray entered into a definitive agreement to acquire Hexo for an aggregate purchase price of approximately $56 million (74 million Canadian dollars).Jun 15, 202
Comment by Vulcan on Sep 09, 2023 7:00pm
Been involved in companies that were taken over or bought out...  my exsperience  has been that once its announced b4 the vote.... stock will go lower until deal finalized..  ..deal always gets approved... so hence it's already a done deal.. .. I've been burned b4.. .. so as a hexo shareholder .. I dumped my shares the day it was announced... I flipped shares a few times and ...more  
Comment by Keeler on Sep 09, 2023 11:01pm
Vulcans investment strategy and logic is shown below. If you sell house 1 for a loss and you buy house 2 which you sell at a bigger loss, then you are ahead of the game. He used when he sold hexo and bought Tilray, but also when he sold Hexo atxx CC a loss- but bought back in later at a lower cost. His logic being he made money, because his new shares were bought at a lower price than the ...more  
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