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 > Seeking Alpha Article

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Post by quinlashon Mar 16, 2024 3:40pm

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Post# 35936701

RE:Seeking Alpha Article

Your article is 3 months old. Secondly whoever wrote it is not very familiar with the most efficient means to expand a business - Acquisitions

When you buy out a company you can tend to do that fairly cheap vs building it yourself.

When you buy another company in the same sector you automatically remove a competitor

When you buy a company you automatically increase your market share

Any company you buy you get ownership of their IP rights which can open your business to new product offerings

If you are not familiar with others taking this approach then you should research General Electric, they mastered the approach and grew their business into a Fortune 50 operation.

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