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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 21, 2024 2:07pm
342 Views
Post# 35838033

RE:OmG! OldDweeb HAHA

RE:OmG! OldDweeb HAHAPrime example of why it's important to do your own research and not rely on things like Stock Forum.

Irwin Simon was never the CEO of Hexo Corp. The CEO of Hexo Corp was the founding father and then he was replaced in the last couple of years prior to being bought out by Tilray.

Hexo expanded too quickly and had been  (IMHO) counting too much on the US coming online as a new market. Hexo products continue to be sold under Tilray Brands and remain some of the top products being offered. 

Irwin Simon (Tilray) had the opportunity to buy out Hexo at a time when Hexo had few options left, as such Tilray bought the company for pennies on the dollar. As of recent interviews etc by the CEO Hexo Corp business components are expected to contribute another $30 Million to Tilray Brands through remaining synergies that have yet to be realized.

Don't take my word for it, do some actual research on the topic. The TILRAY CEO interviews are on YouTube and can be found through a simple search. 

Best Regards 


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