Tilray Brands Inc TLRY

Tilray just announced US expansion

[quinlash]

If you read over this morning press release then you can see that they are looking to acquire a company which will allow them additional access to the US. This will compliment their existing distribution channels they already have there from their craft beer Business.

In terms of shareprice. I already noted the shares are discounted against book value. Those selling simply provide myself opportunity. I certainly do not being a bit more patient than most.

Enjoy your day, be safe, DYODD and have a great weekend

Best Regards 

Q

[quinlash]

It's called expansion through acquisition. Tilray will be buying assets and new sales channels which allows for higher sales therefore more revenue.  Currently Tilray is in track for net revenue for their fiscal year of almost 1 Billion Dollars. Not the time to sell these IMHO but I'm complaining as I'm a net buyer on this one. To be clear, I also only buy shares in companies I

[ReeferMadness38]

Tikray had approval last year.  No shares have even been issued yet.  People selling their shares on old news from last year I guess?  Smart money is buying up discounted shares.  amp-app-banner{display:none !important;}[class^="adjust-smart-banner"]{display:none !important;}a[href^="https://www.mobi24.net/"]{display:none !important;}[class*="