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Bullboard - Stock Discussion Forum 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... see more

NDAQ:TLRY - Post Discussion

Tilray Brands Inc > Redecan
View:
Post by tired8 on Oct 29, 2021 10:42am

Redecan

Hexo looks vulnerable. Maybe the 30 million dollar man can swing a deal to buy market share for cheap.
Comment by BudFoxx2020 on Oct 29, 2021 11:08am
This deal would really make sense.  Rough for Hexo's shareholders, they are already operating under going concern.  Tilray should scoop it up for cheap and it will add huge market shares to the bottom line.     p.s. I see the clown is still crying and now saying I am someone else.  Lolololol.  Why would I need VPN when I have nothing to hide.  You know ...more  
Comment by skyplt on Oct 29, 2021 11:39am
What would be particularly slick would be a joint takeover by Tilray and Molson.  Both would have a vested interest.  Tilray would increase its market share in Canada (a stated goal by the CEO) and Molson would salvage itself.  Only question I have is potential conflict with SweetWater initiative.  I guess the other factor is what, if any, of Hexo's assets are worth ...more  
Comment by CommonCentsforDollars on Nov 01, 2021 8:39pm
You have to wonder what the prior shareholders of Redecan are thinking, right about now. Thankful they got a good portion of their deal in hard ca$h but feeling royaly hooped on the rest of the deal ? I expect so. HEXO's current market Cap is 481 Million CAD. Roughly half of the entire Redecan deal by itself... Redecan was pumping out very impressive Ebitda all on their own. They would have ...more  
Comment by CommonCentsforDollars on Nov 01, 2021 8:49pm
Forgot to include this for those that are curious. Redecan had good game by themselves. Redecan financial highlights Revenue of C$73.6 million for 2020 and $24.7 million in Q1 2021, representing an increase of 146 per cent over Q1 2020 Unadjusted EBITDA of $28.9 million for 2020 and $12.4 million for Q1 2021 Income from operations of $8.3 million and net earnings of $6.9 million in ...more  
Comment by HopefulJuan on Nov 03, 2021 7:59am
Redecan would have had shareholders but was not listed as a public company to my knowledge. I gave up on them after choking on the no buzz Wappa they were selling. They had to know it was no good but tried selling it anyway. Many choices.
Comment by CommonCentsforDollars on Nov 03, 2021 12:36pm
Shareholders held Redecan privately. Your personal experience with Wappa may not have been to your liking. Do note that Redecan Wappa is on the OCS's Best Sellers List.  https://ocs.ca/collections/bestsellers?product=6632185333580&sort_by=products&page=2 As for Redecan, by themselves they were the most Profitable LP in Canada. They are probably one of the only LP's to also ...more  
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