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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 Keeleron Apr 09, 2024 8:15am
491 Views
Post# 35978455

Two years ago, Tilray had 16% market share

Two years ago, Tilray had 16% market shareand Hexo had 17%.

That dropped to 8% and 5% respectively at acquisition - now their combined market share is reported at 11.7%

I guess it's time to buy another failed Canadian cannabis company - or maybe some more craft brewers in the US to get those top line sales up.

The hilarious line in the craft brew section was that the marginms haddecreased 'due to the acquisition of the craft brewers and their low margins -due to under utliization'

In other words, nobody buys their product.
Gee, what a surprise AB was willing to let them go.
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