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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 Dec 10, 2023 12:24pm
205 Views
Post# 35776874

Tilray Brands - USA Operations

Tilray Brands - USA Operations

What will help Tilray Brands bottom line in the USA is:

(As they are the 5th largest Craft Brewer in the USA, with 6 Breweries located throughout the USA and distribution throughout 50 states)  "With this transaction, our beer business is expected to triple in size from 4 million cases to 12 million cases annually."

Biden has to put an end to the gouging on section 232 Tariff. 


The research conducted by HARBOR Aluminum on behalf of the Beer Institute found that the U.S. beverage industry paid $2.175 billion in Section 232 tariffs on 10.295 million metric tons of aluminum since their implementation. Of that amount, only $135 million (6 percent) went to the U.S. Treasury. HARBOR Aluminum estimates U.S. rolling mills, U.S. smelters and Canadian smelters received $2.04 billion (94 percent) of the total by charging end-users – such as U.S. brewers – a tariff-burdened price regardless of whether the metal was meant to be tariffed based on its content or origin. 

https://www.beerinstitute.org/press-releases/new-research-shows-tariffs-on-aluminum-have-cost-the-u-s-beverage-industry-nearly-2-2-billion/

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