Bullboard - Stock Discussion Forum 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... see more

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NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > RE:RE:What’s another 13 million shares here or there

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Post by quinlash on May 14, 2024 10:19pm

RE:RE:What’s another 13 million shares here or there

They swapped debt for shares, it's literally stated in the filing. This means the next QTR report will reflect lower (again) debt levels

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Comment by quinlash on May 14, 2024 11:43pm

TLRY reported 30% year over year growth in net sales in their last report vs company like CURA that stunned its shareholders with a staggering 2% despite it being promoted as a good investment on the TLRY forum. Guessing those promoting it knew deep down that unless they pumped the stock then it didn't stand a chance of increasing investors . The lower debt that TLRY will see with the ...more

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Comment by Maersk on May 15, 2024 7:36am

"They swapped debt for shares, it's literally stated in the filing." When a convertible note is exchanged for equity at the contracted conversion rate, which in this case is $9.38, it is a debt for equity swap. When the conversion rate is 25% below the current market price it is literally theft.

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