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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 quinlashon Oct 04, 2023 3:50pm
132 Views
Post# 35669684

RE:RE:Tilray Added Assets at a Bargain -> Period

RE:RE:Tilray Added Assets at a Bargain -> PeriodWhile on the HEXO Forum I stated that the worse case scenario for HEXO Corp was that the company would be bought out.  I also stated numerous times that I would not be selling any of my shares, which I did not.  Nor did I go short on the company at any time, ever.

HEXO Corp did indeed get bought out by Tilray, as I speculated it would prior to the deal being made public.  Once that occurred I added a few shares of HEXO Corp (while the shares traded at discount to TLRY) and also added TLRY shares to my portfolio while those traded at a discount to HEXO Corp.

I have noted, again numerous times, that I am invested in Cannabis Stocks for the eventual legalization of Cannabis in the United States as I believe the sector will once again run super-hot as it did back when Canada Legalized. 

The difference between the next round and what we seen when Canada Legalized is that there will be fewer large players in the sector and those which remain will likely be either very close to profitability or have actually had the time needed to turn EPS positive.

My timelines are long, longer than most are willing to run, that's how I like it.

As to your question.. no, I will never give up on a sector or stock I have faint in, no matter what the journey throws at me, I shall walk over those who fall in my path.

Best Regards

Q







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