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. > Tilray Brands 1st Quarter

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Comment by quinlashon Oct 04, 2023 11:25am

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Post# 35669102

RE:Tilray Brands 1st Quarter

The great thing about TLRY is the alchol product offering. With or without substantial progress with US Cannabis Legalization (which I believe is a WHEN, not an IF) the sales numbers coming in from alchol will keep growing this company and the margins on those products exceed my minimum expectation for product-based sales.

On the Cannabis side, I like that sales grew, I expected to see the one-time expenses from the HEXO Acquistion so that is no surprise to me in the slightest.

I believe the next report coming out will show incremental sales from the 8 breweries that they picked up from Bud, that too could be a nice boost to the sales figures.

jmho

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