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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 Jan 21, 2024 2:07pm
308 Views
Post# 35838033

RE:OmG! OldDweeb HAHA

RE:OmG! OldDweeb HAHAPrime example of why it's important to do your own research and not rely on things like Stock Forum.

Irwin Simon was never the CEO of Hexo Corp. The CEO of Hexo Corp was the founding father and then he was replaced in the last couple of years prior to being bought out by Tilray.

Hexo expanded too quickly and had been  (IMHO) counting too much on the US coming online as a new market. Hexo products continue to be sold under Tilray Brands and remain some of the top products being offered. 

Irwin Simon (Tilray) had the opportunity to buy out Hexo at a time when Hexo had few options left, as such Tilray bought the company for pennies on the dollar. As of recent interviews etc by the CEO Hexo Corp business components are expected to contribute another $30 Million to Tilray Brands through remaining synergies that have yet to be realized.

Don't take my word for it, do some actual research on the topic. The TILRAY CEO interviews are on YouTube and can be found through a simple search. 

Best Regards 


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