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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

Comment by Oldweedon Feb 17, 2024 11:41am
83 Views
Post# 35885817

RE:Attention: Keelette Club Members

RE:Attention: Keelette Club Members
Keeler wrote:

Despite many promoters publicly assaulting me with repeated nonsense on issues they can't provide evidence to support - many of them are actually members of the Keelette Fan Club.
Many promoters have in fact, sent me PMs asking that I explain the German medical market - and Tilrays share of it. 

So I'll try and keep my explanation at a level you can comprehend - PM me if you need more help.

-As below, the German medical market is estimated to be $427 million USD annually.
-20% of that would equate to about $85 million USD

Here are Tilrays actual reported revenues for ALL International Medical Cannabis sales - That's in the entire world, not just Germany:

Year ending 2022.  $ 52 million USD
Year ending 2023.  $ 40 million USD

and on the January 9/24 financials for the first 6 months of the 2024 fiscal year
$26 million (or approx $52 million extrapolated for the full year)

AGAIN - try to understand, that's $52 million in total - for ALL international medical cannabis sales - per Tilrays own financial reports.

Let's be gracious and guess that Tilrays sales to Germany were $45 million of the $52 million - that would equate to about 10% market share of the German medical cannabis market.

Keeleretes have in the past, thanked me in PMs - please, there's no need - I'm glad to help educate you.

 

Post by DaveInCalgaryon Feb 17, 2024 12:55am
138 Views 
Post# 35885554

Tilray Brands - German Cannabis Legalization Update

How big is Germany's medical cannabis market?

According to Prohibition Partners, Germany represents half of Europe's medical cannabis market, with 2023 sales of approximately €390 million ($427 million) to over 230,000 patients. Dec 29, 2023


I've said it before and I'll say it again, competition will be fierce in Germany. No one has 1st mover advantage anymore. The 10% estimate Keeler extrapolated seems reasonable if you consider Tilray has around 12% at home where Tilray it is far more established in the market. The same tier 1 competition in North America will exist in Germany plus many more from Europe. 10% is a great start, if they end up outperforming then great. It won't be long before real numbers will be posted in the fall.
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