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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 Keeleron Nov 23, 2023 7:27am
3302 Views
Post# 35749662

Omg - Regardless of the number of States

Omg - Regardless of the number of States

that Tilray distributes alocohol in - it's pretty irrelevant to its cannabis operation.
Interstate commerce falls under the individual State jurisdiction and control, neither federal legalization or re-scheduling changes that - no cannabis company, US, Canadian or Maltese gets an auto entrance onto the 50 states.

Comment by Ventura2020on Nov 22, 2023 6:52pm
68 Views 
Post# 35749349

RE:Federal Government Continues to Withhold Key Cannabis 

 

Ventura2020 wrote:

Scheduling Recommendation Letter Despite FOIA Requests, Lawsuit

After nearly three months and multiple Freedom of Information Act requests, the U.S. Department of Health and Human Services still has not publicly confirmed that it recommended cannabis be reclassified as a Schedule III controlled substance. One attorney who filed a lawsuit to obtain the letter calls the situation "asinine" and "profoundly disappointing."
https://www.cannabisbusinesstimes.com/news/cannabis-rescheduling-letter-government-withhold-schedule-iii/


The moral of the story, it really doesn't matter for Tilray Brands.
Don't read to much into that though, it will rocket on any press release of forward progress in the legalization of Cannabis in the USA.

Tilray Brands is entering into a $110 bil ($28 bil Craft) beverage industry in 2024 with 13 breweries. Federally legal in all states, with Tilray Brands sales in close to all 50 states. 

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