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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 Keeleron Aug 20, 2024 8:13am
67 Views
Post# 36187417

No quinlash - debt was paid with combo

No quinlash - debt was paid with combo

if cash and shares. 'Google it'

And where paid promoters - just months ago - posted continually about Tikrays huge cash position of $400 million (never mentioning debt) they now post about reducing debt,  but not mentioning Cash is down to $200 million and short term debt is stil $200 million.

Which is why there was a $250 million ATM financing.

Replacing debt by issuing shares thru yet another financing is hardly a sign of competent management.

And increasing revenue - but lowering gross profit - by buying failing companies isn't either.

Have You checked the nightly rates at Simple Simons hotel in The Hamptons? You have to be a millionaire - any average Joe retail investors of Tilray stay there? Was it nice?

 

Comment by quinlashon Aug 20, 2024 7:59am
0 Views 
Post# 36187399

RE:RE:RE:I wonder how much Simple Simon

Debt was paid with cash.

Net Revenue for trailing 4 qtrs = apx 800mil USD 

See Press Release Section

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