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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

Post by quinlashon Jan 08, 2023 1:04pm
390 Views
Post# 35209720

Tilray take-over of HEXO Corp Pending (IMHO)

Tilray take-over of HEXO Corp Pending (IMHO)Considering the goals and objectives of Tilray Brands I think Tilray is going to make a 2nd buyout attempt on HEXO Corp in the near to mid-term.  This will move Tilray towards it's annual 4 Billion Dollar Annual Sales objective quicker for a low cost vs the incremental sales figures that HEXO Corp would bring to the table.

Last I checked Tilray and HEXO were competing for the Top 1 and Top 2 positions based on Cannabis Sales (this excludes Tilray's alchole sales).

jmho
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