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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

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Post by Ventura2020 on Dec 06, 2023 5:54pm

Ouch!

And you thought the Cannabis sector write offs were bad.

Maybe we will see more investment coming the Cannabis way from Big Tobacco!

BAT Writing Off £25 Billion on US Cigarettes, Shares Fall


https://finance.yahoo.com/news/bat-writes-off-25-billion-102802531.html
Comment by geodcan on Dec 06, 2023 6:03pm
BAT just ponied up millions for OGI for a bigger stake just prior to their nr that you posted the link to. Somebody in the tobacco camp is looking for an alternative source of income.\ Maybe it is now time for hemp cigarettes with a lot less rules and regulations than tobacco and no nicotine either.
Comment by ds04cal on Dec 06, 2023 6:42pm
I mentioned in an earlier post the UK has banned cigarettes so now anyone aged 14 or under will no longer be able to buy them. This is just the start, tobacco companies imho will be looking to invest in the cannabis sector pretty soon. They and the big alcohol will see the potential and eventually take big stakes. 
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