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.

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Post by Keeleron Dec 21, 2023 9:22pm

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Post# 35796964

Hey Dave, so do you have actual sales numbers

for those 5 'top sellers'?

The last cannabis sales revenue published showed Alberta's totals ales at around $76 million.
Infused beverages generally, account for a bit less than 2% of the cannabis sector, so that would equate to infused beverages accounting for $1.5 million.

If the 5 were the ONLY infused beverages sold in Alberta - that would mean monthly sales of about $300,000 each - BUT of course, there are many more than 5 so at best, infused beverages for the 5 best sellers would be maybe $100,000 each? Or about $ 1.2 million annually?

Wow. Given that's Gross Sales, even if any of the company's were profitable - which they're not - you're looking at bottom line profit of $2,000?

Big deal.
No wonder Truss is up for sale - a cash burner, not a profit maker so Molson was right to sell, not worth the effort or the ongoing cash input to botehr with infused beverages.

Post by DaveInCalgaryon Dec 21, 2023 11:59am

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Post# 35795883