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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

Bullboard Posts
Comment by Skateron Mar 03, 2020 11:15am
91 Views
Post# 30760910

RE:Eight Capital: Neutral rating and US$17.00 target for Tilray

RE:Eight Capital: Neutral rating and US$17.00 target for TilrayProjections seem overly optimistic to me.  By my calculation, cash used in operations in Q4 were a whopping $90.8M.  They are projecting a total cash need of $100-115M in 2021??  with cash from operations 35-45M??  Maybe they are miracle workers or the trajectory is off the charts, but I don't see cutting $90 million a quarter to $10 million a quarter overnight.  Plus the CAPEX $25-35M.  They are going to use their $150M of cash plus need every dollar of the $200M atm program.  GLTA

Skater

Bullboard Posts