Tilray Brands Inc

TLRY: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$8.00	Nkxvy	Sfcwxcp

No-Moat Tilray Remains Profitable in Fragmented Canadian Market, Despite Competitive Pressures

Kristoffer Inton , Ava Gams

Apr 11, 2023

Business Strategy and Outlook

Tilray cultivates and sells cannabis in Canada and exports into the global medical market. It also sells CBD products in the United States. The company is the result of legacy Aphria acquiring legacy Tilray in a reverse merger and renaming itself Tilray in 2021.

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