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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Healthcare Cannabis
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 > What will medmen sp do tomorrow
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Comment by CommonCentsforDollarson Aug 17, 2021 9:10pm
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Post# 33721682

RE:What will medmen sp do tomorrow

RE:What will medmen sp do tomorrow
ThunderLips1 wrote: That's the interesting question 



Medmen also announced an equity investment after hours. I expect that would handcuff any significant move tomorrow but you never know. The market sometimes has a mind of its own. 


https://finance.yahoo.com/news/medmen-announces-backstopped-us-100m-200500733.html


LOS ANGELES, August 17, 2021--(BUSINESS WIRE)--MedMen Enterprises Inc. ("MedMen" or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a premier U.S. cannabis retailer, today announced that investors, led by Serruya Private Equity ("SPE"), are purchasing US$100 million of units ("Units") of Medmen at a purchase price of US$0.24 (C$0.32) per Unit (the "Private Placement"). Certain investors associated with SPE agreed to backstop the US$100 million to be raised in the Private Placement (the "Backstop Commitment").
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