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 > Volume pushed over Daily Avg on Nasdaq side

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Post by CommonCentsforDollarson Oct 07, 2021 11:24am

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Post# 33981184

Volume pushed over Daily Avg on Nasdaq side

Volume 21,969,808
Avg. Volume 18,322,641

I expect a good portion of this surge in Volume is short covering. Short position is huge so they need to be covering some of that off.

There was also a gap $10 USD to $13 USD. Fintwit had been talking about it for a few months. We have been in that gap zone now for nearly a month. Bottom of the gap fill came today. Although it could be a bit of a struggle to get up through resistance and back over $13 USD I would say based on the lack-luster Q report. Need to see some solid sector catalyst's.

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