Tilray Brands Inc TLRY

Valuable information✍

[Duster340]

that the longs are not posting.

Top LP Sales Trends

Among the top five LPs, Village Farms International (NASDAQ:VFF), Organigram Holdings (NASDAQ:OGI), and Cronos Group (NASDAQ:CRON) saw double-digit sales growth from January to May 2024, while Decibel Cannabis Company (OTC:DBCCF) and Tilray Brands (NASDAQ:TLRY) experienced declines.

Specifically, Tilray's sales fell 17% YoY during the March-May period, whereas Village Farms grew by 41%, OGI by 24%, and Cronos by 34%. Village Farms now holds an 8.6% market share, up from 6.8% in the fourth quarter of 2023.
 

Leading Players By Segment

Village Farms International has significantly increased its share in the flower category, from 10% in the first quarter of 2022 to 16% in the first quarter of 2024. Decibel Cannabis Company leads the pre-roll segment with a 14% market share, up from 5% two years ago.

On a proforma basis (including HEXO and Redecan), the biggest segment share loser in pre-rolls has been Tilray, with its share down to 11% in 1Q24 from approximately 24% in 1Q22. Canopy also dropped by 6 points over the same period.

[gunner1324]

Is this just for Canadian sales ? 

[CaneIsAbel]

This information is unsubstantiated and reports information they get from online vendor. It doesn't report accurately considering much of Tilrays retail sales are done in store.  March to may numbers haven't been officially released. 

[CaneIsAbel]

To help you Duster, it's kind of like websites do to gauge Xbox sales using GameStop data since Microsoft doesn't release those numbers. Regarding TLRY Tilray Brands the same is done here using data from a select few number of vendors. Only when TLRY releases it's financial and sales data will we know official sales data period ending May fiscal year. 

[DuDliedingle]

Will be interesting to see if there is a decline in cdn marketshare. If Simon continues to lose share its a continuation of a pattern which Simon has no idea of how to turn around. He has combined companies and lost marketshare in the past. Has he figured out how to grow or continue to lose?

[ReeferMadness38]

Market share has been pretty stable the past year  Small companies are still engaging in price suppression tactics to clear out inventory.  A lot of those companies will be going out of business eventually.