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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 Sep 30, 2023 11:49am
151 Views
Post# 35663250

Tilray Brands - Not Waiting on American Cannabis BUT READY

Tilray Brands - Not Waiting on American Cannabis BUT READYSince USA Rescheduling to Schedule 3 or Descheduling will likely take a number of months. Possibly October 2024 announcement to gain election votes.

I'm happy Tilray is not sitting around leasing strip mall shops to open retail cannabis shops like so many MSO announcements.

By 2024 USA elections Tilray will have over $ Billions of shares available plus over $500M cash to move into a good profitable USA company if needed, since Schedule 3 states Registered companies can import cannabis into the USA.

Germany was not mentioned in your post but Europe is BY FAR the BEST NEAR TERM MEDICAL CANNABIS investment.


Tilray Brands - EU moving Fast to Deschedule & Legalization

Tilrays USA Beverage with a gross margin of 49% is about to greatly increase with the addition of the 8 Distilleries recently purchased.
Holding fort till rescheduling.
 
Europe is on a huge Medical Cannabis Increase & Tilray has multi operating grow ops in Europe.
 
Germany DeScheduling and removing cannabis from the narcotics list on
Jan 1, 2024.

Boris Jordan predicting Medical Cannabis in Germany to increase 4X greater than Florida @ $3B/yr = $12B within 18 months.

Bloomwell Group CEO, Niklas Kouparanis says “With reclassification, we expect the number of medical cannabis patients to multiply by five to seven times within a year."
 
Other major European nations could soon follow suit.

"The Czech Republic seeks to legalize the whole value chain".
"This week has seen Portugal take a sharp turn towards cannabis reform".
"Elsewhere Belgium's Deputy Prime Minister publicly called for the country to consider legalizing cannabis earlier this month."

“Much has to do with the potential USA rescheduling to Schedule 3 and the German descheduling of a narcotic. Global winds are changing fast, and Portugal is still very much at the top of the list as a potential new country moving towards legalizing cannabis”.

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