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. > Seeking Alpha Article

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Comment by Maerskon Mar 16, 2024 6:08pm

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Post# 35936828

RE:RE:Seeking Alpha Article

Tilray Brands (TLRY) has pursued a growth by acquisition strategy that has shown mixed results in the past.

I did look at GE as suggested by the original poster and GE has had a good year with its share price finally reaching the level of 25 years ago. Investors are hoping that the split into 3 companies next month will help undo some of the growth by acquisition disaster that was Jack Welch.

Another example would be Valeant Pharmaceuticals, now Bausch Health whose acquisitions ultimately failed to boost the bottom line.

A successful growth by acquisition example would be Google (now Alphabet) who bought Android and Youtube. Is TLRY the next GOOG?

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