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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 Ventura2020on Mar 23, 2024 10:23am
152 Views
Post# 35948676

RE:Comparing

RE:Comparing

HaulJockey wrote:
CGC did a 1 for 10 reverse split right? So that stock is really worth just over a dollar in pre split money. New trades might have made money but those invested pre split are still down.

Tilray still the better buy IMO.


That's correct. Without Reverse Split the following would amount too, as of close on March 22  

CGC Nasdaq $ 0.77 
ACB Nasdaq $ 0.49

Having followed the spread between CGC and TLRY for a number of years. Historically prior to the Reverse Split, TLRY was $1.50 upside of GGC on a constant. 

Simple Math. 
CGC $0.77 + $1.50 =
TLRY $2.27 
TLRY closed at $2.31. 

Tilray did not Lag, Right where the spread has historically been. 
Tilray Volume close to 100 million shares
CGC Volume Close to 70 million shares  


 

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