Bullboard - Stock Discussion Forum Tilray Brands, Inc. TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

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

Add To Watchlist

NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > Do you not follow the cannabis sector

View:

Post by Keeler on Jun 29, 2024 11:40am

Do you not follow the cannabis sector

quinlash?
Canopy did NOT buy a U.S. cannabis company - they invested in one, with the option of purchase. Canopy USA May acquire Acreage - but Canopy USA is not a Canadian cannabis lp.

You should do some research - if you know how to use google, you could look at Canopy's website, but be careful of which currency you're looking at.

As for your question on whether on the Tilray press release regarding the intentions of the $250 million ATM - you can google that as well.
You should try to do your own research - not depend on an anonymous bullboard to answer your uninformed questions.

It's fairly nonsensical that there are Canadian citizens companies already involved in the US cannabis sector - which would be as illegal as Tilray buying. US cannabis company

You should spend some time catching up the cannabis sectors and the laws relating to them - it's apparent uour not up to speed

Post by quinlashon Jun 29, 2024 10:31am

45 Views

Post# 36111993

Tilray's US Acquistion

If TLRY buys a US company to aid in its cannabis sales within the it is it will be in fact NOT the first Canadian company to do so, here's why :

#1 - Canopy Growth did it first, years ago

#2 - TLRY is a US company headquartered in New York City. Even their QTR Reports are stated in US Dollars

Anyone comparing numbers between Canopy Growth and Tilray need to account for the exchange rate.

I would encourage investors to visit the TLRY webpage to pull up the press release regarding the pending acqustiion to get the details.

Note this:

Did TLRY say they were buying a US company or did they simply say a company to aid in the expansion into the US ?

Here's the catch, TLRY could purchase a Canadian company that has business within the US but does not infringe on existing federal cannabis restrictions.

I have a company identified that fits the bill however it's only speculation on my part and therefore will not be sharing at this time.

We may see something this week, again speculation, however recent changes with the company I am monitoring may suggest they are now positioned for a merger. Actual news will come on Tilray's own schedule so again, I am making some guesses here

Hope everyone has a safe long weekend in Canada. As always weekends are great for doing a little research and learning without the stresses of trying to trade at the same time.