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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 > E2P + Truss
View:
Post by quinlash on Aug 16, 2024 10:16pm

E2P + Truss

The news today did not include details to clarify exactly what was included / excluded from the deal.  Details on the net benefit to Tilray was also not provided.

To assume the IP was sold off would be an error, to trade on that assumption would also be an error.

There has been no official word from TLRY to confirm particulars so we need to be patient and wait.  

All we know is that 1 bottling facility is being reported as sold. We also know that TLRY just bought 4 new breweries from Molson and also bought 8 breweries from BUD. Riff (also TLRY) has facilities as well so we know of (at minimum) TLRY holds no less than 12 other facilities even with the sale of the Truss facility.

I would be curious to know if these recent moves by the company are to move drink production into the United States while reducing production capacity in Canada and consolidating / concentrating Canadian production within RIFF facilities.

Keep in mind the drinks from TLRY are Hemp, they are legal to sell within the US without any changes to existing regulations.

JMHO / GLTA

Q

- Long on TLRY
Comment by quinlash on Aug 16, 2024 10:26pm
Forgot to mention.  I tracked down the E2P website and read over the full news update over there. They made no mention of cannabis infused drinks so if I were to lean one way or the other on the Truss IP I would be inclined to say it was not sold off. I do not have that page open anymore but it's easy enough to Google and get to their news page. Reverting back to my prior post, I ...more  
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