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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 > Cannabis Drink Market
View:
Post by quinlash on May 24, 2024 1:38pm

Cannabis Drink Market

Currently it makes up a small portion of the overall total market for existing cannabis sales.

Tilray has 100% ownership in Truss and they also have Riff production their drinks.  Truss is #1 in Canada and therefore can be expected to do well in the US once regulations permits.

If drinks were not seen to be a winner in the future then CURA would not be looking to offer the product.  Fact is that CURA is about 4 to 5 years late in making that decision as TLRY likely already has that sector buttoned up.

JMHO 

Q
Comment by quinlash on May 24, 2024 1:45pm
It took Canopy over a year to get drinks out and their first attempt failed with the oils separating from the drink.  HEXO (Truss) took longer, figured out the technology, patented it.  Their drinks were a homerun from day 1. Tilray bought out Hexo+Truss
Comment by CentreIce24 on May 24, 2024 2:19pm
Hmmm
Comment by quinlash on May 24, 2024 3:02pm
Truss and Molson did indeed sell Cannabis drinks in the US for roughly a year, that was back 3 or 4 years ago now.  They pulled out due to challenges with cannabis regulations making things difficult to expand. The cannabis regulations are now going to change.   Once the regulations allow I would not be surprised to see Coke and Pepsi move in to acquire companies producing the ...more  
Comment by quinlash on May 24, 2024 3:09pm
Should clarify, I mean either acquire or partner with
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