Tilray Brands Is Buying More Beer Brands, and Its Wheeling and Dealing Isn't Over
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 ...