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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

Comment by Oldweedon Jan 01, 2024 2:52pm
77 Views
Post# 35806185

RE:Happy New Year to King Cannabis, Beverages & Wellness

RE:Happy New Year to King Cannabis, Beverages & Wellness I think Tilray has pivoted its businesses to point MJ is now less than 50% of its revenue. We all know this was needed to survive long enough to access the USA market. That said, the argument from Tilray is this plan requires scale to be profitable. Certainly a truth in any CPG market, however, imagine if there was already an MJ company in Canada that is cash flow positive now, hat is generating over 500,000,000.00/yr (more than Tilray, little debt, over a million subscribers, the most non franchised store fronts in Canada, and poised to take on any international market, all for a dollar less than a Tilray share! Well that opportunity exists, so if MJ is your play you might want to consider another option, I think there is a very real possibility of a very big investment/takeover similar to what we saw with CGC a fee years ago. I'm intentionally not putting the name in the post because some bulls on this board will want it removed for a non Tilray post content. All this to make the point, Irwin is far from being King Cannabis, even his Haines legacy is far from being non controversial. To be clear, I am not putting Tilray down, only that it is not the be all and end all of Cannabis business in Canada! 
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