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.

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Tilray Brands Inc > Disappointing Q1, 2022 Earnings

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Post by CentreIce24on Oct 07, 2021 12:48pm

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Post# 33982766

Disappointing Q1, 2022 Earnings

Looking at this earnings report on QoQ basis
All the revenue increases came from the additional 2 months of legacy Tilray
Meaning we reported a full Q this time and not just 1 month
Which is the reason for the increase in Wellness revenues and for the most part Cannabis revenues
The old Aphria contributed nothing to this Q as Distribution was flat again and this is after being down +10% last Q
When you factor in an additional 2 months of cannabis revenue from legacy Tilray (approx $22-$23M) then Aphria's cannabis contribution was flat or slightly down
Beverage revenue was also down slightly
Please correct me if this is wrong
There are some headwinds still to be worked out in the next Q or two

GLTA
Cheers
CentreIce

Hopefully this cut and paste displays properly and you can judge for yourself