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 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

Tilray Brands, Inc. > The dilution

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Comment by Vinny57on Jul 27, 2021 11:47am

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Post# 33610163

RE:The dilution

CaneIsAbel wrote:
Will only will used if approved on acquisition and growth. It will not take effect immediately! It's a line of credit for Irwin to make an acquisition which will add to Tilrays over all value like Sweetwater has. Irwin most likely has his eye on purchase as we speak but needs the financial firepower to do so.

Yes we were downgraded buy one analyst and even the revised price at 19 dollars is far higher then the SP as we stand at the moment.

I personally believe we will have small beat on earning tomorrow. It may not be great but possibly not nearly as bad as some are calling for we will see strength on retail sales globally and Sweetwater sales. There may have been some stories costs to the merger but Tilray did a fantastic job cutting it expenses and moving towards profitability shortly before merger. Today is just a broader market red day. Take a look at nio and other growth stocks taking a beating today many of which don't report tomorrow earnings. Stay calm everyone and add if you choose to but I recommend not to panic sell your shares

"A small beat on earnings". ........... You must be joking!

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