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 > Taxes

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Comment by Vinny57on Apr 09, 2022 2:47am

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Post# 34590208

RE:Taxes

Brightsand wrote:
Hello, can anyone provide me info? Due to the tilray aphria merger, is this viewed as a sale and capital gains are to be paid? I hope this question makes sense. Thanks for any responses

My accountant said no but I see in the Tilray info package it says yes. I am hoping for the former. That way I have a hefty capital gains of $100,000. If it is the latter, I am looking at about $300,000 in capital gains tax. Ouch!

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