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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

Post by Keeleron Apr 09, 2024 7:52pm
571 Views
Post# 35980234

quinlash - what is the point of you posting

quinlash - what is the point of you postingmis-information? 
What Hexo money was 'delayed' - and how much was it?

If you're talking about the 800 acres in Kirkland Lake - there's a difference between revenue via the sale of products - and other income, such as the sale of property. But in this case, Tilray OWNS Hexo - so if there is a sale, it's not money from Hexo - Tilray just sold an asset.

That alleged sale isnt expected to close until the end of May - regardless, the sale of an asset has nothing to do with sales revenue, so when it is recorded (if the sale was actually made) it's a one time 'other income' type entry.

If and when the quonset in Fort Collins is sold - will that be a revenue beat as well? 


Comment by quinlashon Apr 09, 2024 6:01pm
35 Views 
Post# 35980103

RE:Cannabis Client Alert – Week of April 8, 2024

If the HEXO money mentioned on the call had not been delayed then it would have been a revenue beat.  Pretty sure there's 18 million that will now be an Adder to next report (it's discussed in the earnings call)

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