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 > Comparing

<< Previous

Bullboard Posts

Next >>

Comment by Ventura2020on Mar 23, 2024 10:23am

168 Views

Post# 35948676

RE:Comparing

HaulJockey wrote:
CGC did a 1 for 10 reverse split right? So that stock is really worth just over a dollar in pre split money. New trades might have made money but those invested pre split are still down.

Tilray still the better buy IMO.

That's correct. Without Reverse Split the following would amount too, as of close on March 22

CGC Nasdaq $ 0.77
ACB Nasdaq $ 0.49

Having followed the spread between CGC and TLRY for a number of years. Historically prior to the Reverse Split, TLRY was $1.50 upside of GGC on a constant.

Simple Math.
CGC $0.77 + $1.50 =
TLRY $2.27
TLRY closed at $2.31.

Tilray did not Lag, Right where the spread has historically been.
Tilray Volume close to 100 million shares
CGC Volume Close to 70 million shares