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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 > American Cannabis Update
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Comment by davgroon Aug 30, 2023 1:05pm
198 Views
Post# 35612255

RE:RE:RE:American Cannabis Update

RE:RE:RE:American Cannabis Update
CaneIsAbel wrote: Spikes like these are thought to hold I agree. Regardless it's a start. You are right through the DEA is known to fight hard against any drug reform. It's there budget bread and butter. Tilray still way undervalued 

Typical cannabis sector over-reacting to political news out of the US.  Share price spike was in part due to shorts rushing to cover.  Now that cooler heads have prevailed the stock prices are dropping back from their highs of today.

True direction of poy share prices will be decided once this news matures and comments are heard from DEA representatives with respect to the HHS recommendation.  In the mean time I wouldn't be surprised to see a RED day tomorrow if there is no additional news as profit taking occurs.

JMO
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