Tilray Brands Q3 Earnings Analysis: Behind The CEO’s “Robust” Claims
“Tilray Brands is shaping the future of consumer markets with a robust global infrastructure spanning the beverage, cannabis, and wellness industries. We are meeting the needs of today’s consumers while preparing for the demands of tomorrow..”
Okay, easy there Simon. You just posted a net loss of $794 million dollars for the third quarter. The only thing robust about Tilray Brands (TSX: TLRY) is the continued losses in investor portfolios.
It’s almost like every time a CEO goes on a long soliloquy at the onset of an earnings release about how great they are, it means it was a terrible quarter. And in that regard, Irwin Simon over at Tilray again delivered in Q3.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.