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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 quinlashon Jan 03, 2024 12:39pm
142 Views
Post# 35808937

RE:RE:RE:RE:Craft Beer Market Expected to Expand

RE:RE:RE:RE:Craft Beer Market Expected to ExpandYou can put your money anywhere you like, that is your choice and should be based on your own Due Dilligence and forward looking speculation.

In terms of savings accounts etc, you will be lucky to get a few percentage points off those, that is not enough to keep up with the rate of inflation therefore your savings account is losing value even while it gains those few points (inflation outpaces the interest rate).

If you are not familiar with how stocks move and have little time for research etc then you are better off contributing to an RRSP or a 401k plan and let your bank take their cut of your profits but have them do all the investing and trading for you.  They are less likely to get all emotional about price swings and will make the most of the movements. 

RRSP and 401k plans rely on a Dollar Cost Averaging investment startegy where you contribute monthly.  The main difference is that you seldom ever look at the value of your RRSP and 401k therefore you do not line yourself up to freak out and sell everything on a dip, or sustained downtrend.  You continue to add money to the plan and your bank averages your accounts down for you.

Regarding your comment on 5% market growth and 5% profit, you should give that a little more thought to that as you are over-simplifying the numbers.

Best Regards

Q







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