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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

Comment by CaneIsAbelon Oct 07, 2021 5:50pm
164 Views
Post# 33986545

RE:Disappointing Q1, 2022 Earnings

RE:Disappointing Q1, 2022 EarningsHeadwinds being worked out?  We had the better part of June in total lockdown which massacred ACB and Canopy. We held up much better but lost revenue as well with decreased ton no traffic in stores.  Millions will be saved in further synergies not to mention Tilray legacy products had they used aphrias processes of manufacturing would have increased our TENTH straight positive EBITA to the tune of millions. I assume those efficient manufacturing processes will be realized to a certain extent this upcoming quarter. Of course distribution is flat since the delta varient has kept the provinces in their decision to reduce cannabis orders. We are number 1 in Germany which just elected a cannabis friendly government. They will legalize recreational marijuana in the coming quarters. We will be ready for that Irwin Simon made sure of that. We are growing our medical revenue and are actively seeking mergers and acquisitions. Tilray is a diversified company which soaked up almost all the recent demand for cannabis. I expect another large LP to fall under our umbrella shortly and another consumer goods packaging acquisition in the United States. With Sweetwater, Manitoba harvest consolidation of the Canadian sector, possible entry into psychedelics (you can be sure Tilray will throw its hat in that ring). We're reaching out across Europe and have weathered Covid 19 drawbacks better then any other company out there. While MSO struggle with cash transactions and high taxes and a federal illegal system. We are growing expanding and diversifying. We grew our revenue by over 45 Percent. It doesn't matter how that happened even if it was through a merger to some degree. It still happend and will continue to happen. We're headed in the right direction. 
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