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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 ShameBasherson Aug 06, 2023 11:17am
116 Views
Post# 35575384

RE:Rumours TLRY/CRON and Altria

RE:Rumours TLRY/CRON and Altria

Ventura2020 wrote:

Altria backs out of deal with Aphria in 2018. The short report. 
Altria buys 41% stake in Cronos at 1.8 billion in 2018. 
Altria backs out of their option to increase their stake in Crono Dec 2022.  482 million loss. Still has 41% stake and 157 mil shares in Cronos. Probably doesn't see a future for Cronos in the emerging Cannabis market. 
Altria does not want to be out of the Cannabis game, along with the other big Tobacco companies that are heavily invested. 
So, what will the deal be? For Altria/Cronos to come under Tilray Brands.
Thats the question?
Cronos and Tilray is the only logical merger and for Altria as well.

Cheers,
V

 


 

mum now having flashbacks of the olden days when crazies had a network of spies watching private planes and transfers from Windsor to Leaminham..... not again..... please. 

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