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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 Tradinghandson May 02, 2024 5:56pm
140 Views
Post# 36020510

Short sellers coming back

Short sellers coming backDEA caught the market with a feverish buying spree on the day of announcement triggering stop orders set by shorters and combined with investors who bought first then asked question realized by the next day that the DEA was not legalizing recreational use only medical so the next day the flood gate opened as investors raced to the exits and it carried over till today as both TLRY and WEED found the shorts coming back because everyone realizes that these companies wont be seeing profits for years and the attention they attracted is fading as investors head over to other sectors that have recently been sold off finding deal on real companies. How I would describe as a flash in the pan or up in smoke! The media is still trying to pump this sector but you can only fool people once! Anyone pumping this bought on the "High" end.
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