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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 DaveInCalgaryon Mar 09, 2023 1:03pm
313 Views
Post# 35328523

Tilray - Institutional ownership soars while share price dip

Tilray - Institutional ownership soars while share price dip

Hedge Funds And Institutional Investors Are Buying These Cannabis Stocks

Benzinga Mar. 9, 2023, 10:55 AM

 

Because most public cannabis companies are still largely in growth phases, higher interest rates have hit their stocks hard. But, as share prices come down, institutional investors and hedge funds have started to take stabs at several different companies. Here are a few cannabis stocks the big players have been buying.

 

Tilray Inc (NASDAQ:TLRY), the Canadian cannabis company focused on supplying medical marijuana to hospitals, pharmacies and other customers. Because Tilray is focused on the medical side, it may make it easier for institutional investors to hop in. According to Whale Wisdom, Aristeia Capital added more than 9 million Tilray shares last quarter. The fund now holds more than $30 million worth of Tilray stock. 

 

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