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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 quinlashon Jul 18, 2024 4:57pm
115 Views
Post# 36139122

Reporting of Goodwill

Reporting of GoodwillIf you have questions about how Goodwill is reported on the reports I would highly suggest relying on Google and reviewing the financials yourself before taking it for granted that something on a stockforum is perfectly correct.

Here is a link to explains much of it, more is available if you search it out.

https://gocardless.com/guides/posts/how-does-goodwill-affect-financial-statements/


Tilray Brands picked up HEXO Corp.  HEXO carried a large collections of patents, specifically for the infusion of Cannabis Oil into edibles and drinks.  I would imagine some of the goodwill on Tilray's report is tied to this.

I have sent an email into Tilray's Investor Relations group to ask for a breakdown as to what exactly their Goodwill dollar amount is made up of, I can share that once they respond.  You can also do the same (write in) if you care to.  Their contact details are on their website.

https://www.tilray.com/






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