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 Jan 26, 2024 9:19am

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Post# 35846756

ikay - nothing wrong with diversification,

but the mantra on this board reads:
'holding long on Tilray for US legalization'
'Tikray is King iof Cannabis'
'US MSOs are 'scared' of Tilray'

So -you're suggesting that Tilray has conceded - and in effect agrees with me - that they will not be able to survive in the cannabis sector in competing with MSOs.

If you want to be in the alcohol sector - consider Molson Coors, the company that dumped Truss on Tikray - or maybe AB, the company that dumped 8 failed craft brewers (in another dead money sector) on Tikray.

Alcohol is generally high gross margins and cash flow - last quarter, Tikrays Gross Nargin dropped - and it burned cash.

Comment by NorthOntKidon Jan 26, 2024 8:35am

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Post# 35846676