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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 > American Cannabis had a tough run but ending soon
View:
Post by DaveInCalgary on Sep 07, 2023 9:19am

American Cannabis had a tough run but ending soon

Ventura some businesses occasionally may lose a CFO due to?, but 4?

From Aug 9,2023

"Dr. James V. Baker
@caster561
Like other MSOs, $CURLF is rapidly running out of cash! Its cash position is down $78M in 6 months to only $85M as of June 30. Its tax-adjusted free cash flow for the first 6 months of 2023 was NEGATIVE $57M considering the nonpayment of $46M in  income taxes. $CURLF $MSOS $MJUS"

Trulieve Posts Q2 Net Loss Of $407 Million Due To Asset Impairments
4 CFOs out within a very short time.
Luckily the CEOs spouse getting out of prison soon and can help turn things around.
Comment by Ventura2020 on Sep 07, 2023 7:58pm
Thanks Dave, what a disaster!  Not looking good for the MSO's and will get a lot worse before it gets better. Safe or schedule III will not help any of these MSO's. Little to late! Cheers, V Some of the industry’s bigger operators are now tipping into financial distress. Trulieve Cannabis bonds due 2026 change hands for 68.5 cents on the dollar, while rival  ...more  
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