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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 quinlashon May 15, 2024 7:28pm
58 Views
Post# 36042285

RE:Institutional investors that purchased the convertible notes

RE:Institutional investors that purchased the convertible notes
Savage97 wrote:

Reported that $TLRY was the only cannabis company in the world that they currently would have invested in because of our history of financial results, the confidence they have in the management team running the company and our strategic plan as well as the strength of our balance sheet. Those same institutional investors are now net long in our stock and assuming they convert the notes into our shares, will increase the percentage of institutional investors in our stock.

The Tilray team was the first in the industry to diversify its cannabis operations with profitable businesses to properly finance itself and consistently deliver on positive EBITDA in a challenging macro-economic climate and cannabis market.  

 



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