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.

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Tilray Brands Inc > A Tax Question:

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Post by Vinny57on Apr 01, 2022 4:51pm

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Post# 34568734

A Tax Question:

I just saw my accountant. I am asking the board about my Adjusted Cost Base. Pre-Tilray, I had X amount of shares in Aphria. After the 'merger' I had .838 amount of those shares. My adjusted cost base was just over $7 per share at that time. After the merger I am told that my ACB stays the same. I figure my ACB should be higher as I lost 16% of my shares (thanks Simon). Who is correct here? Please respond only if you are positive of your answer.
Thanks in advance

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