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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 Ventura2020on Sep 10, 2023 12:24am
260 Views
Post# 35628059

TLRY Brands

TLRY Brands

Largest Cannabis Company In the World! 

Forbes

Tilray Brands Deal With Anheuser-Busch InBev Sets Them Firmly On The National Stage


Tilray Brands, the largest cannabis company in the world, just made a move that will also make it the fifth-largest craft brewer and fifteenth-largest overall brewer in the United States. 

By entering into a deal with Anheuser-Busch InBev to buy eight of their beer and beverage brands, Tilray has fully realized the ambitious plan their President, Irwin D Simon introduced less than three years ago. That was when he assumed the company's reigns after the merger of Canadian cannabis companies Aphria and Tilray to create Tilray Brands.
When the whole portfolio is looked at together, Tilray Brands is projecting pro forma revenue of $250 million. That is much-needed revenue to offset a stagnant Canadian cannabis market and should position Tilray Brands to maintain its position as one of the leaders in that segment. Sets them firmly on the global stage. 

https://www.forbes.com/sites/hudsonlindenberger/2023/08/08/tilray-brands-deal-with-anheuser-busch-inbev-sets-them-firmly-on-the-national-stage/amp/

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