Tilray Brands Inc TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

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.

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Tilray Brands Inc > Accentuate the Positive

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Post by Maerskon Sep 30, 2024 4:45pm

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Post# 36247368

Accentuate the Positive

Tilray's letter to shareholders highlights their record positive adjusted EBITDA of $60.5 million !!!

Stripping out the usual Interest, Taxes , Depreciation & Amortization didn't produce a positive number, so Tilray just tossed out some other niggling little expenses: Non-operating expenses ($38M), stock-based compensation ($32M), losses on Medmen convertible notes ($42M), litigation, transaction and restructuring costs ($39M).

"Elevating lives through movements of connection."

Yeah, it's actually on their web page.

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