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.

NDAQ:TLRY - Post by User

Tilray Brands Inc > Irwin (Simple) Simon isn’t buying a

<< Previous

Bullboard Posts

Next >>

Comment by geodcanon Aug 25, 2023 5:05pm

127 Views

Post# 35606070

RE:RE:RE:RE:RE:RE:RE:Irwin (Simple) Simon isn’t buying a

Tilray chasing down breweries and alcohol makes sense given that the margins are too low for pot products.

If they "fix" the laws for cannabinoids to thrive, those beer lines will easily be converted to cannabinoids with a little licensing and tweaks but in the meantime, they generate revenue to keep Tilray viable.

They seem to be emulating what Constellation Brands is doing only with alcohol instead of locking up a supply of pot which is what Constellation did to be a part of the pot biz when they piled in to Canopy Growth and Acreage.

<< Previous

Bullboard Posts

Next >>

Level up your trading with BMO InvestorLine’s enhanced features