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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 Sep 04, 2024 6:31pm
212 Views
Post# 36208921

Many long time Tilray readers will recall my relating

Many long time Tilray readers will recall my relating the story of my receiving a private message on the Hexo from a poster named 'Touran' (who no longer exists). He PMd stating something to the effect that 'he wouldnt say anything bad about me - if I didnt say anything bad about him'.
I was shocked of course - what kind of grown man would send that kind of message?

Anyway - about a year ago, what happens??
I get basically the same message from caneISABEL.

I thought at first that this was too much of a coincidence - perhaps they were the same person?
Anyway, I have no idea - Touran is gone and I have caneISABEL on ignore status, so life goes on.

Ive posted before that Tilray isn't the worst company you could invest in - but you're investing in an alcohol company more than a cannabis company. That would be fine if the cannabis division as a sideline was growing and profitable - but it's not.

Just 3 years ago - Tilray (16%) and Hexo (17%) owned 33% of the Canadian cannabis market.
At the close of the Hexo acquisition - Tilray had dropped to 8% and Hexo 5%.

Today - as Simple Simon boasts - Tilray remains #1 in Canada AT 10%.

Declining sales, declining market share, declining gross profit - and with a dead Canadian sector, a very questionable future, banking on Germany and the US, both of which are years away.







 






 
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