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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 Bilderbergon Apr 12, 2024 8:27am
190 Views
Post# 35985103

3 Cannabis Stocks on the Brink of a Massive Breakout

3 Cannabis Stocks on the Brink of a Massive Breakout

The closest thing you’ll find to a pure-play cannabis stock on this list, Tilray Brands(NASDAQ:TLRY) is the #1 global cannabis company by market share (clocking in at 13.4%). Moreover, Tilray is increasingly expanding its presence in the craft beer market. That includes buying diversified revenue streams, of course, but also developing a readymade logistic network and infrastructure set to capitalize on legalization the moment it happens.

Tilray is an American company who is in the best position to dominate the industry after simply re scheduling MJ from a class 1 to 3 narcotic. This could be announced tomorrow, next month, next year, next election...who knows but with all the current momentum IMO it will be sooner than later. The stock currently sits under fair market value, kinda a gift this week in my mind so why not add or make your first purchase and hold! Nobody says sell...they are a solid, upfront, transparent company and poised to explode. 


This was just before earnings but I believe its still relevant especially after a 25-30% drop last two days.
Was it really that big of a surprise or change in projections? NO! So why not join in on the greed and be patient )

https://www.nasdaq.com/articles/3-cannabis-stocks-on-the-brink-of-a-massive-breakout

 

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