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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 Oct 12, 2024 12:04pm
85 Views
Post# 36263929

quinlash and his boss, the visionary

quinlash and his boss, the visionary

CEO Irwin Simple Simon stated that Tilray would be cash flow positive by the end of their fiscal year - which they weren't.

They then stated that a Tilray would be cash flow positive with this Q1 report.
They weren't.

Tilray said annual sales guidance for 2025 is $1 billion USD - 1st quarter was short at $200 million.
But despite being down already and it's unrealistic to think they'll hit $1 billion (given their sales are down) - Simple Simon is maintaining the $1 billion sales guidance.

Tikray was NEVER going to hit the $1 billion target - its despicable he shows such disrespect to investors and current investors.

But it's not as bad as when he maintained that Tilray would report $4 billion sales for the 2024 year end.

Simoke Simon needs to go.

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