TLRY Tilray Brands. Tilray Brands TLRY is the only cannabis company to report net positive income from operations in a finacial quarter. Shorts talk about debt? This is a growth sector all companies are in debt and have issuance of shares as they grow. Let's compare TLRY Tilray brands cannabis peer to south Curaleaf.
as it relates to Tilray Brands TLRY we will take a look at Curaleaf.
Shares Outstanding
For the fourth quarter of 2022 and 2021, the Company's weighted average subordinate voting shares outstanding amounted to 715,796,271 and 707,450,310 shares, respectively.
For the years ended December 31, 2022, and December 31, 2021, the Company's weighted average subordinate voting shares outstanding amounted to 711,159,444 and 698,759,274 shares, respectively.
As of December 31, 2022, and December 31, 2021 Company's issued and outstanding subordinate voting shares plus multiple voting shares amounted to 717,490,830 and 708,340,434 shares, respectively.
2022 year end curaleaf
Net loss, attributable to Curaleaf Holdings, Inc., for the year ended 2022 was $370 million, compared with a net loss of $206 million for the year ended 2021. The $164 million degradation in net loss in 2022 was primarily due to the $225 million non-cash goodwill impairment and inventory write-downs associated with the CA, CO, and OR state exits, as well as increased SG&A expenses
Balance Sheet and Cash Flow
As of December 31, 2022, the Company had $163 million of cash and $623 million of outstanding debt net of unamortized debt discounts.