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

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NDAQ:TLRY - Post Discussion

Tilray Brands Inc > Tilray vs Canopy share value

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Post by Oldweed on Apr 21, 2024 1:20pm

Tilray vs Canopy share value

Canopy Total Shares 73.76M @ 10.91CAD

Tilray Total Shares 763.77M @ 2.38CAD

763.77 / 73.76 = 10.36 dilution multiple factor

2.38 x 10.36 = 24.66

So after converting the shares to compare apples to apples ask yourself,if looking to buy either one of these two, would you be willing to pay $24.60CAD for Tilray shares, or would you opt for Canopy shares at $10.91CAD?

Gives a different perspective on how overvalued a short position may see Tilray in comparison to it's peers.

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