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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

Post by CaneIsAbelon Jun 02, 2023 3:55pm
135 Views
Post# 35477635

Quinlash

Quinlash Yes it was a very good deal for Tilray but it was an even better deal for Hexo. Believe me they were out of options and their very survival was at stake. No one was bailing them out and Tilray financed their first survival and now their ultimate survival.  Under Tilray Management, Hexo will not have the same cash burn nor are any of its numbers other then it's market share relevant. The synergies created, the cheap cost to acquire them is a testimony to the positive track we're on. Tilray theoretically could continue to cash burn (we won't, we will be cash free positive my guess this next report) for the next couple years and wont be in danger financially. In those years anything could happen with legislation or abroad that could lead to massive gains in the stock price. Selling Tilray at this price can't be justified anyway I try to grapple with it when people say sell the stock and listen to the short narrative. Tilray is expanding globally and securing Canadian market share that comes with a bonus 12.5 million cash very cheaply. Management is doing their job and will continue to do so aggressively. They know they have a lot of work to do especially after this week. 
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