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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.


NDAQ:TLRY - Post by User

Tilray Brands Inc
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Post by Keeleron Feb 06, 2024 6:30pm
447 Views
Post# 35866431

Tilray issues debt for equity

Tilray issues debt for equityIt wouldnt be so bad if this was an occassional occurenmce - but Tilray issued ANOTHER 6.8 million shares in exchange for $12.5 million (USD) of debt die June 1st.

Tilray closed at $1.97 USD today - the above transaction equates to $1.82 a share.

Tilray, once again, rode the coattails of sector upswing today, which typically doesnt last. This along with the above transaction will no doubt result in a share price decline in short order, wiping out today's gain.
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