Episode Details
Back to Episodes
Tilray CEO Irwin Simon Explains Net Revenue Growth
Description
Tilray Brands (NASDAQ: TLRY) CEO, Irwin Simon, joins us to discuss their latest earnings, including the Q4 2024 results and the full fiscal results for 2024. He will shed light on the reasons behind the 26% increase in net revenue for the year and why the company remains as one of the most talked about cannabis stocks in the industry. One of the main contributors to Tilray Brands' growth over the past year was the result of their beverage alcohol acquisition from Anheuser-Busch, which experienced remarkable growth, with net revenue soaring by 113% to $202 million. We will also delve into the topic of hemp-derived products and discuss whether that's an opportunity the company is considering as they head into 2025. Key Takeaways from the Results: - Strong revenue growth in Q4 2024 - Increase in net revenue for the full fiscal year 2024 - Strategic initiatives driving profitability - Market positioning and growth strategies in the cannabis industry #tilray #tilrayearnings #cannabisstocks #marijuanastocks #msos Want to see more videos of Tilray Brands? https://www.youtube.com/live/omM5Nv_1... Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter! https://newsletter.thedalesreport.com... Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web: Facebook: / thedalesreport Twitter: / thedalesreport Instagram: / dalesreport Website: https://thedalesreport.com/ For copyright matters, please get in touch with us at: sdales@thedalesreport.com All views on the Trade To Black podcast and the guests on this podcast are purely opinions. Yo