Shares of Tilray were down after the company reported a wider-than-expected net loss in the fourth quarter despite a beat in revenue.
Similarly, How does Tilray make money?
Tilray’s cannabis business includes the cultivation, production, distribution, and sale of medical and adult cannabis products. Tilray’s business also involves the purchase and resale of pharmaceutical products to customers.
What was Tilray IPO price? In July 2018, it became the first cannabis company to trade publicly on a major U.S. stock exchange, opening on the NASDAQ exchange at a price of $17 per share, which increased in September 2018 to $214 per share, and then descended to $29 per share by August 2019. The IPO raised US$153 million.
Thereof, Is Tilray Canadian or American?
Sweetwater Brewing Company’s famous 420 Extra Pale Ale, their not to subtle nod to cannabis. Tilray, the largest cannabis company in Canada and the world, is blazing a path others may soon follow, getting into the alcohol business.
Is Tilray shorted?
Tilray currently has a short interest ratio of 3.0. Learn More on Tilray’s short interest ratio.
Is Tilray American company?
Tilray Brands, Inc. (Tilray) is a global pharmaceutical, cannabis-lifestyle and consumer packaged goods company, incorporated in the United States, headquartered in New York City, New York.
Who invested in Tilray?
Top 10 Owners of Tilray Brands Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| ETF Managers Group LLC | 1.56% | 7,489,407 |
| Susquehanna Financial Group LLLP | 1.54% | 7,390,234 |
| Renaissance Technologies LLC | 1.08% | 5,211,591 |
| Dimensional Fund Advisors LP | 0.64% | 3,056,889 |
Does Tilray stock pay dividends?
Currently, Tilray does not offer a dividend or a dividend reinvestment program.
Is Tilray in the US?
Tilray Brands, Inc. (NASDAQ:TLRY) is one of the biggest Canadian cannabis companies that has been ramping up its presence in the US.
Is Tilray in Germany?
Tilray has growing facilities in Germany and Portugal. And the company has held talks with German officials, with the expectation that recreational-use cannabis will become legal in the country, which has nearly 85 million people. Germany’s incoming coalition government has agreed to legalize recreational adult use.
Does Tilray have operations in the US?
Tilray operates in 20 countries globally. In addition to SweetWater, it also owns Manitoba Harvest, a manufacturer of hemp-based products that is based in Canada, but sells to U.S. retailers.
How many shares of Tilray are outstanding?
Share Statistics
| Avg Vol (3 month) 3 | 33.85M |
|---|---|
| Shares Outstanding 5 | 474.58M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 441.95M |
| % Held by Insiders 1 | 4.10% |
How many shares of Tilray are shorted?
short percent of float has risen 5.24% since last its last report. The company recently reported that it has 43.63 million shares sold short, which is 9.84% of all regular shares that are available for trading.
What brands does Tilray?
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray, Aphria, Broken Coast, and Symbios.
How much debt is Tilray?
Liabilities & Shareholders’ Equity
| Item Item | 2016 | 2021 |
|---|---|---|
| Short Term Debt Short Term Debt | 20.13M | 12.98M |
| Current Portion of Long Term Debt Current Portion of Long Term Debt | – | 36.62M |
| Accounts Payable Accounts Payable | 757K | 57.71M |
| Accounts Payable Growth Accounts Payable Growth | – | 47.75% |
What Tilray do?
Tilray Brands, Inc., formerly Tilray, Inc., is a global cannabis-lifestyle consumer packaged goods company. The Company operates through four segments: cannabis business, distribution business, beverage alcohol business and wellness business.
What does shorted mean in stocks?
One way to make money on stocks for which the price is falling is called short selling (also known as « going short » or « shorting »). Short selling sounds like a fairly simple concept in theory—an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender.
How much debt does Tilray have?
Liabilities & Shareholders’ Equity
| Item Item | 2016 | 2021 |
|---|---|---|
| Short Term Debt Short Term Debt | 20.13M | 12.98M |
| Current Portion of Long Term Debt Current Portion of Long Term Debt | – | 36.62M |
| Accounts Payable Accounts Payable | 757K | 57.71M |
| Accounts Payable Growth Accounts Payable Growth | – | 47.75% |
Is Tilray a US or Canadian company?
Sweetwater Brewing Company’s famous 420 Extra Pale Ale, their not to subtle nod to cannabis. Tilray, the largest cannabis company in Canada and the world, is blazing a path others may soon follow, getting into the alcohol business.
What products does Tilray make?
Our Products
- Product Type. Oils. Dried Flower. Oral Sprays. Softgel. Vapes. Topicals. Oral Strips. Pre-Rolls. Edibles.
- Plant Type. Hybrid. Sativa. Indica.
- THC & CBD Range. THC Forward. CBD Forward. Balanced.
- Brand. Tilray. Aphria. Broken Coast. Symbios.
- Price Range. Low – High. High – Low.
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