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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 Jun 14, 2024 1:50pm
90 Views
Post# 36089589

Marijuana industry will add $112 billion to US economy 2024

Marijuana industry will add $112 billion to US economy 2024The US market is huge and these figures don't include DEA rescheduling and the impact of that decision on the marijuana market. Also in Canada growth was highest in Toronto where average cannabis levels were up 85% in 2023 from three years earlier, Vancouver saw the second-highest increase with levels up 56% so the media might say that one State usage is down a fraction but thats down from a prior increased high. Tilray is unique that it has Brewery sales on top of Cannabis sale giving it that edge and Q4 will demonstrate that extra revenue that other cannabis companies lack. Remember that Tilray is insulated from the US market except when it comes to Beer sales which were up over 100+% last quarter. Tilray has a solid global market share and a healthy Book value to be trading this low. Going long!



Marijuana industry will add $112.4 billion to US economy in 2024 (mjbizdaily.com)
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