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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

Comment by Oldweedon Apr 19, 2024 4:31pm
68 Views
Post# 35998852

RE:Looks like craft beer is a bad investment

RE:Looks like craft beer is a bad investmentThe plan according to Irwin is to take the profits from the craft business to support the MJ business through out the tough current economic situation.  I ould think the craft business would need at least 40% margins to sustain itself, never mind the MJ business cash burn. I hope Irwin has another backup plan. Most likely we will see more dilution of shres, the only other path would be to let the cash burn eat through the cash in the kitty, or start selling off assets like Canopy. Something has to give unless you believe Gernany will grow fast enought to dig Tilray out of the whole it's in.
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