Tilray Brands Is Buying More Beer Brands, and Its Wheeling and Dealing Isn't Over
TLRYTilray(TLRY) The Motley Fool·2024-08-25 20:30

Expanding into alcohol has helped Tilray grow its operations and improve its bottom line. Tilray Brands (TLRY 3.21%) is no stranger to acquisitions. That has been a key part of its growth strategy and a way for it to expand its operations over the years. That has allowed it to grow its sales without having to rely on competing in a saturated Canadian cannabis market where margins are low and profitability is difficult to achieve. At the same time, rather than waiting for the U.S. to legalize marijuana, it h ...