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.

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Comment by skyplton Aug 06, 2021 3:32pm

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RE:RE:RE:Red to green to red to green to red to green

I admit that it would be fun (not to mention profitable) to see a good old fashioned short squeeze. That being said, Tilray will do fine in the long run without that push, but watching a standing 44.44CDN sell order fill next week would be a hoot!

As for CGC...well, it was my gateway drug into weedstocks. I bought the summer of 2018 and was languishing around 28CDN or so and fretting about what was going to be a bad quarter only to wake up to the STZ announcement. I played a bit with it this week, primarily because of the surprise Tilray showing (and we know they are neck and neck for top spot in Canada). Fact is, STZ is still fronting them and they have several quarters of slush money to draw from (unlike ACB).

I took those tremendous CGC profits and chased after APH (before the second A) because hey, the CEO was the former Jamieson Vitamin CEO and had lots of connections with Shoppers Drug Mart. Then along came the Hindenburg. But that was then, this is now. BTW, I was just in to SDM getting a COVID test for travel and noted all of the medical mj signage.

I believe the MSOs are going to have a good week...and in turn the LPs will see more sunshine.

Good weekend to the stalwarts.

CommonCentsforDollars wrote: All good. Whenever you can make a trade and bank some dollars is always good. I don't own any CGC and havent now for years but they will do fine in the long run. Their daddy has deep pockets so they have time to get their mix in order. Seems their are really pushing the CBD products and have martha stewart in that mix.

I am coming up with 39.79 M TLRY shares sold short between TSX and Nasdaq. At this point short sellers appear to be doing what I would reference as sacrifice short sells to try and push lower or hold it below the green.

Running into the last hour now and they appear to be trying to hump it over and back down for the Close. 45 minutes to go, we will see. With MSO's reporting coming soon. I think a short covering rally is coming. Melt up.

Notable volume anomaly.. CGC running double avg daily volume and TLRY running just over 1/3 average daily volume. (nasdaq side)