Another quarter, and another loss for Tilray Brands (TSX: TLRY) shareholders who are left wondering why they invested in the company in the first place.
Investors on Friday saw the equity sink as much as 15% after the release of the firms second quarter financial results, which were highlighted by single digit revenue growth that was offset by double-digit increases in net losses on a quarter over year basis.
The cannabis-turned distribution-turned alcohol brewer seems to be further away from profitability than ever, while attempting to woo investors by boasting about net revenue growth.
Sponsored · Mercado Minerals
Lets dive in.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
One Response
They have everything for success, they need a better planning team , I would get Palantir to make better judgments and then you’ll see profits, and when they legalize it we are going to be rolling in it 😉