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Nov 30, 2022
Tilray Q2 2023 Earnings Report
Tilray Brands reported financial results for the second fiscal quarter ended November 30, 2022.
Key Takeaways
Tilray Brands reported net revenue of $144.1 million and took decisive actions to manage operating cash flow and focus on accretive acquisitions and profitability.
Maintained #1 Market Share Leadership in Canada
Well-Positioned to Capitalize on Growing Acceptance and Legalization of Cannabis across Europe
Continuing to Expand U.S. CPG and Craft-Beverage Portfolio, with Accretive Acquisition of Montauk Brewing Company
Achieved $29.2 Million of Operating Cash Flow and $25.4 Million of Free Cash Flow
Historical Earnings Impact
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Avg. Return Before/After Earnings
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