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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 Aug 22, 2023 7:27pm
193 Views
Post# 35600895

Rumour Has IT TLRY

Rumour Has IT TLRYRemember a Rumour going around last month?

"Betting Bruiser
 
Word is that $TLRY is close to buying Pure SunFarms from $VFF while the non-cannabis or produce business is being purchased by Mastronardi Produce/Holdings. 
 
In 2016, Mastronardi invested/purchased ~20% interest in $VFF for ~10M. #PotStocks"

Leadership shuffle at Pure SunFarms:


Village Farms International Announces Transition of Pure Sunfarms’ Leadership




VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced the appointment of Orville Bovenschen as President of Pure Sunfarms, effective immediately. Mandesh Dosanjh has stepped down from his role at Pure Sunfarms and will move into a strategic advisory position for a transitional 90-day period.

Mr. Bovenschen joined Village Farms as Vice President of European Business Development and Operations and was later named Chief Operating Officer of Pure Sunfarms, returning to the Village Farms’ facility he originally helped design, repurpose and commission for cannabis operations. He also formerly held several senior roles in cannabis, during which, among other things, he oversaw innovation and new product launches.

 

“Orville takes on leadership of Pure Sunfarms as we are executing on our strategy to meet the evolving preferences of the cannabis market in pursuit to be the long-term, profitable market leader,” said Michael DeGiglio, CEO Village Farms. “Orville has a strong track record of delivering operational efficiency and has led multiple initiatives that have improved quality and consistency across all Pure Sunfarms’ brands. Having worked closely with Orville for several years, I have the utmost confidence in his ability to lead one of the deepest, most experienced and most successful management groups in the cannabis industry, who, together with the Rose LifeScience team, are building on our dominant position in dried flower and leading brands to take our Canadian Cannabis business to the next level.”

“I would like to thank Mandesh for the five years he dedicated to leading Pure Sunfarms, one of the largest, lowest cost cannabis operations in the world, and contributing to our top-three market share position nationally,” added Mr. DeGiglio. “He has built upon our rock-solid foundation, including a talented team with deep consumer packaged goods experience, from which we will continue to build and grow. We appreciate his ongoing support throughout the transitional period and wish him the best as he pursues his future endeavors.”

 
 


 

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