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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

Comment by Oldweedon Jun 02, 2023 3:22pm
73 Views
Post# 35477555

RE:RE:Screwing the pooch.....Once more!

RE:RE:Screwing the pooch.....Once more!Yes, cash is King, in especially in a recession, but it also can be a negative. Normally, in a growth sector you would want to see cash flowing back into the company through organic growth or by aquisitions. Cash can also be good to weather a storm and keep the lights on. Using cash to pay off debt and or refinancing can also be positive, but is better done in a more stable sector. That being said, Tilray has indicated they want the cash for aquisitions and have pushed the debt further down the road. Since Tilray is not yet cash positive that means a portion of the cash will be used to keep the lights on, the real question is how much of that cash will be needed to do so. Also, lets see in the next aquisition how many (if any) new shares will be printed (dilution) and if the next one will be emediately accreditive! Just for thought you can see a cash is King approach in a growth sector by looking at CRON. They have been sitting on 1 Billion for a few years, to date they do not have any market share to speak of, on the other hand if an large MSO were interested in a merger Tilray would not have enough cash on hand to win without major dilution. Lots to consider.
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