Tilray Brands Inc TLRY

Alternate Symbol(s): T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) 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, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.

NDAQ:TLRY - Post by User

Tilray Brands Inc

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Post by cordonbleuon Aug 14, 2020 8:03pm

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Post# 31411244

SAving grace

Many cannabis companies are going to run out of money soon given this is now a very challenging time to raise capital. The black market is undercutting legal products and their products are much more potent. Avoid the continuing bleed.

Consider looking at Martello Technologies (MTLO - TSX Venture), a canadian technology company that is reporting its Q1 Aug 27th and is close to turning the corner on breakeven and strong revenue growth as many global companies are making working remotely the new norm. Martello is backed by Billionaire Terry Matthews who build newbridge networks (https://www.cbc.ca/news/business/alcatel-buys-newbridge-networks-1.245801)

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