Tilray Brands Inc TLRY

RE:Seeking Alpha Article

[quinlash]

Your article is 3 months old.  Secondly whoever wrote it is not very familiar with the most efficient means to expand a business - Acquisitions

When you buy out a company you can tend to do that fairly cheap vs building it yourself.

When you buy another company in the same sector you automatically remove a competitor

When you buy a company you automatically increase your market share

Any company you buy you get ownership of their IP rights which can open your business to new product offerings 

If you are not familiar with others taking this approach then you should research General Electric, they mastered the approach and grew their business into a Fortune 50 operation.

[Maersk]

This post has been removed in accordance with Community Policy

[CaneIsAbel]

Let's not compare apples and oranges. TLRY is expanding on booze and Canabis and its related products. They go hand in hand 

[Maersk]

My comment about GE's dismal performance was removed for being off-topic to the thread. Could someone explain what the topic is so I don't repeat my error. thanks in advance

[Maersk]

Tilray Brands (TLRY) has pursued a growth by acquisition strategy that has shown mixed results in the past.   I did look at GE as suggested by the original poster and GE has had a good year with its share price finally reaching the level of 25 years ago. Investors are hoping that the split into 3 companies next month will help undo some of the growth by acquisition disaster that was Jack

[Oldweed]

For the most part the majority of big MJ has grown by aquasition, that said the most have also right sized and trimmed the fat in the past year. Tilray went another route and lived into another sector to boost the top line. Alleging to Irwin they will be able to turn on the MJ tap with these adjacent business models. Tilray is the only company trying thus, in fact it's sister CGC has been kept

[quinlash]

What I posted was an example of businesses that use acquisitions routinely to expand their operations. Some folks on this forum do not seem to understand that it's a pretty common practice.

[Oldweed]

What you do not seem to understand is a company that has a successful proven business model will often aquire another business to accelerate organic growth. It is entirely not normal for a daolinh business model to continually aquire businesses to accelerate the growth of a failing business model. GTII, CL, VRNO, TRUL, HITI, OGI, all remained focused on making their business model work and took a