Tilray Brands Inc TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

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.

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Tilray Brands Inc > They bought

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Comment by Ventura2020on Jan 14, 2024 5:47pm

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Post# 35826198

RE:They bought

shenty46 wrote: They bought 8 beer brands from Anheuser-Busch, which reduced their overall gross margins in the beer business considerably. The way they had increased their outstanding shares from around 450 million to 750 million, and still posting losses shows that a reverse split is imminent, as their cash on hand has also halved to around just 200 million in last 6 months. I think it will come down to dollar 1 in next 6 months

Okay Shenty, good to know. Thanks for the update on Tilray Brands.

Comical!

Post by shenty46on Nov 26, 2023 2:12am

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Post# 35753214