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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 Keeleron Aug 30, 2023 11:34pm
173 Views
Post# 35613161

well Dave,

well Dave,you and ventura post a lot about 'volume' - implying volume is a key indicator of a stocks success.
You post that 'over 50 million shares have already been purchased' - but shouldnt that read '50 million shares traded'?

Can you explain why you feel Tilrays number of shares traded today is such a big indicator?

Just for comparison, here are some of the US MSOs - the ones that will actually benefit from SAFE, the Farm Bill and the possibility of re-scheduling to Tier 3

                             Share price      %             Shares 
                              Increase       Increase     Traded
     
Green Thumb         $ 1.94           20.68       2.4 million
Verano                         .59           16.38       2.8 million
Scotts                        3.27              6.0        1.2 million
Ayr                              .33             29.46      1.0 million
Cresco                        .31             22.79      3.0 million
Curaleaf                      .70            19.33       3.0 million 
Trulieve                     1.21            25.37       2.2 million

Tilray                          .34            10.83       80.0 million

As you may know, I own the bottom 4 of the US MSO stocks above. I care less how many shares were traded, all I know that Tilray traded 80 million shares for a .34 cent share price increase -about the same as when they announced the 8 craft beer purchases.

Trulieve share price increased by $ 1.21 - with 2.2 million shares traded.

You can't spend % increases - and you can't spend shares traded, I'll take the cash, thanks. 

So, why do you feel Tilray trading 80 million shares is so important a factor?


Post by DaveInCalgaryon Aug 30, 2023 1:25pm
81 Views 
Post# 35612314

American Cannabis Update

Over 50 millions shares have been already been purchased with
2 1/2 hours left to trade.
Just imagine the volumes when these recommendations start turning into laws thru out the fall of 2023

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