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.

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Tilray Brands Inc > If Kamala legalizes cannabis, how will TLRY participate?

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Comment by DuDliedingleon Oct 27, 2024 3:53pm

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Post# 36284157

RE:If Kamala legalizes cannabis, how will TLRY participate?

Savage97 wrote:

"Lots of Greenhouses for us to go buy".

"If part of that (descheduling) allowed GMP products to be shipped from Canada, we have 5M ft2 of Grow in Canada today, and if we can ship our products into the US, we could take some of our beer brands, Manitoba Harvest brands or some of our current cannabis brands we have in Canada, we would have the infrastructure, the Know-How to jump into that business right away, and again the balance sheet to fund it."

"On the other hand, you know there are going to be smaller cannabis companies out there, that are already Multi State Operators, that I think will look for a bigger partner, and either we partner with them, buy it or something, is ultimately to use them as our foundation to grow it out into the 50 states."

"We also have something called Medmen, that we still own the IP for, and do we use the Medmen brand to ultimately still grow within the US."

"So there's optionality, I just hate making decisions when I don't know what I can make a decision on."

"The thing what we have is the Know-How to grow Cannabis, and it's not easy to grow cannabis. We have the Know-How with strains, we have the Know-How with genetics. We have the people resources with Know-How to do this."

"And last but not least, we have the balance sheet. You know we're not going to throw good money after bad of course. We have the balance sheet to decide which is the best way, which is the right return for our investors and which is the right way to do it for consumers."

"And again we already have, as you've heard me say before, 19 Brands in Beer, we have our Spirits Brands and Manitoba Harvest. Can they translate into cannabis brands if that made sense?"

"And again Pablo, if nothing happens in the US, no rescheduling, no legalization we already have a good size business in the US in the consumer products business, that's a life-style business, that we're bringing people together, that we're going to continue to grow and do future acquisitions in."