Reddit discussions surrounding Tilray Brands, Inc. (TLRY) have been vibrant, with users focusing on various aspects of the company's operations and market presence. One notable topic is the quadrupling of Australian medical cannabis sales over the past two years. Users are questioning why this growth hasn't been reflected in Tilray's earnings, with one user expressing skepticism, "Show me explosive organic growth in the earnings in January and I’ll get excited." Another user voiced frustration, suggesting, "Tilray done the inverse of that 7 times in the past two years. Would this dog just go bankrupt already."
Another thread delves into Tilray's involvement with Cruz Blanca, a small Chicago brewpub recently acquired by Molson Coors. The acquisition has sparked curiosity among Redditors, with one user pondering, "Anyone have any idea what Molson Coors was doing buying Cruz Blanca?" The discussion highlights Tilray's ongoing business relationships with Molson Coors, including the production of ShockTop in Canada, and speculates on the strategic implications of these partnerships.
As of the latest update, Tilray's stock is trading at $1.36, reflecting a slight decrease of 0.73% from the previous close.