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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 > Delinquent Taxes
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Post by Oldweed on Feb 27, 2024 12:27pm

Delinquent Taxes

Anybody have the inside scoop on Tilrays tax situation or deferral?

https://mjbizdaily.com/canadian-cannabis-wholesalers-must-garnish-payments-over-unpaid-taxes/
Comment by DaveInCalgary on Feb 27, 2024 12:38pm
Look on Tilray's statements. All taxes paid in Full. They have also mentioned this fact during conference calls. this Tabloid article purposely doesn't mention names of LPs in good standing as its well known they write for short sellers. You knew that. That is why you are posting it here.
Comment by Oldweed on Feb 27, 2024 12:43pm
This post has been removed in accordance with Community Policy
Comment by DaveInCalgary on Feb 27, 2024 3:29pm
From my post May 31, 2023  Post by DaveInCalgaryon May 31, 2023 11:00pm 273 Views Post# 35474103 Tilray Brands AMA - Questions & Answers from CFO Carl Merton Tilray Brands AMA – Wednesday, May 31 @6pm ET with CFO Carl Merton     AMA Dear Tilray Shareholders and Weedstock Reddit Community, NOTE: This Mat Lames & MJ tabloid know exactly this same ...more  
Comment by Oldweed on Feb 27, 2024 3:46pm
Looks like the CRA wants to be in the front of the line before chapter 11 kicks in on all these faling entities. It's good to see that Tilray is up to date, the ripple effect on the Canadian sector would have been painful. Lets hope ACB and WEED are also up to date, although I'm sure there are plenty of institutions willing to lend money for the tier 1s.
Comment by Clowninthedark on Feb 27, 2024 8:39pm
There are too many LP's as it is so some weeding out might be beneficial for those still standing.
Comment by quinlash on Feb 27, 2024 11:00pm
Have to agree with you on this. The last few years has seen many mergers and acquisitions of cannabis companies with Tilray absorbing 5 or 6 on its own.  To put market share in perspective investors must realize that there are still 100's (700-800 apx) cannabis companies out there holding fractions of 1 percent of market share.  Larger players like Tilray and others have anywhere ...more  
Comment by OldDweeb on Feb 27, 2024 12:44pm
Another basher takes a stab at discrediting TLRY. What a surprise! Speaking of surprises, HITI is still sucking wind but no one from this board except for me is there bashing. Hmmmm.
Comment by Oldweed on Feb 27, 2024 12:50pm
Not sure why you bring up HITI, they are a very important retail partner for Tilray, without HITI Tilray's market share would tumble...literally! The CRA decsion is news that can affect all LPs, it is not bashing to pose a question on the Tilray board of the current tax position of Tilray. But you knew that right, you just don't want any discussion that may present a risk in your mind ...more  
Comment by quinlash on Feb 27, 2024 12:50pm
The comment was in relation to avoiding debt and taking any more on. It may have been the same interview, or another around the same time, however he also commented on having multiple offers for csh which he has turned down.  He's working with what he has and considering the bombardment of new products being rolled out I will say he's doing very well .
Comment by Oldweed on Feb 27, 2024 12:55pm
Yep, that is what he was referring too, with the CRA announcement of ordering the collection of tax arrears at the retail point I though it an important discussion point to bring up,as this could worsen tthe situation for any company juggling debt issues. Apparently, it was the wrong thing to do on this board.
Comment by Oldweed on Feb 27, 2024 1:02pm
bahaha, you go and post my same question on the HITI board becasue you see it as bashing and are upset with me...the same reason you try to mimic my name lol. You do realize that HITI is a retail company not an LP....right? The CRA has ordered retail to collect taxes owed, they are collecting on delinquent LPs, again, you just can't make this stuff up how silly the behaviour is with some ...more  
Comment by OldDweeb on Feb 27, 2024 1:13pm
This post has been removed in accordance with Community Policy
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