TLRY Shorts continue in meltdown mode. Tilray as twice the tangible assets as its goodwill on the books.
Goodwill arises through Tilray's non stop aquistions of other companies. We incorporate their goodwill. Goodwill is a value on something that doesn't come as brick and mortar. It also does not mean it will ever be written off. That value may be substantiated or even grown in Tilray Brands case as we've proven to grow most of our aquistions customer base.
definition of goodwill
A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill.