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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 Mar 29, 2024 3:08pm
40 Views
Post# 35960396

RE:RE:RE:RE:$1 in $10 of gross profit

RE:RE:RE:RE:$1 in $10 of gross profit
CaneIsAbel wrote: This is correct. With well over 100 million shares being sold short, you're definitely not alone Oldweed in your concerns. With that being said there's also no shortage of institutions and retail investors who believe in the bullish thesis and Tilrays Brands course of action 

This is actually what concerns me the most, and I also find the most difficult to try and track. We can see the usuall short positions but what makes me nervouse are what are the institutions actually investing in. For example, we often see bought deals where say a bank will hand over money for company shares and interest. Those same institutions can then collect the usuall banking interest and at the same time sell the share short as a hedge. When I think about that, I realize the worse the company actually does (within limits) the more likely they will come back and ask for more money and give more shares.There are other tactics out there like naked shorting and such, but I don't think any of the reputable firm are involved in that, but for sure naked shorting has been an issue in the past.
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