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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 quinlashon Apr 16, 2024 10:39pm
47 Views
Post# 35992966

RE:US Rescheduling good for Tilray

RE:US Rescheduling good for Tilray
ReeferMadness38 wrote: Rescheduling is a much better scenario for Tilray imo
This will allow them time to set up shop for eventual federal legslization in the US
Many do not realize the difference between a schedule 3 drug at the federal level and what is being sold as medical cannabis at the state level by MSOs
Getting an in-state cannabis license to go buy cannabis from a retail dispensary is not the same as prescription medication. A retail dispensary is not a pharmacy
Most of these MSO companies are not GMP in medical and are heavily involved in recreational sales anyway
They are not going to be able to partner with legit pharma / medical companies like Tilray, who is completely set up to import immediately at a lower cost and also runs a legitimate legal US business already. Pharma / medical companies will be coming to Tilray and institutional investment will increase. Tilray is going after a different market
Tilray can also expand their medical cannabis operations into the US as they run a legit US business not selling rec weed


I pretty much agree.  Tilray Brands is already selling Alchol products in the US with those sales trending well.  Once the US finally gets things figured out I am speculating that they will take full advantage of their existing / established alchol distribution networks to get their Cannabis Infused Drinks out to the market throughout the US.  These networks might help with the distribution of the smokables and other products later on (depending on how the US finally allows Cannabis to be sold).

The nice thing with Tilray as well is that they are currently operating within a fully legal market (Canada) and can literally produce just about any cannabis product they like (within legal limits) such as drinks, edibles, medical products for both people and pets etc.  They get to produce these products, test them out in a fully legal market, get to know what works and what does not and then launch strong into the US with a proven product line offering.  

I am thinking about the whole thing with a long term view, the bumps and challenges we see along the way are just a means to test the resolve of investors and companies who are "In it to Win it", even if the road is rough at times.





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