Tilray Brands Q3 Earnings: Another Disappointing Quarter


  • Tilray Brands consistently misses quarterly targets and lacks organic growth.
  • Tilray’s revenue for FQ3 ’24 was $188 million, missing analyst targets by $10 million.
  • TLRY stock trades at 25x adjusted EBITDA targets for a company that just cut FY24 targets flat with last year.

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While Tilray Brands, Inc. (NASDAQ:TLRY) always tells a great story, the Canadian cannabis company doesn’t actually report good numbers. The company constantly acquires businesses to generate reported growth, but Tilray isn’t generating organic growth, leading to the

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