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Tilray Brands Announces Q1 FY2027 Results: Declining Cannabis Revenue and Continued Cash Burn

The Motley Fool +1 ·

TLRY
TLRY Tilray Brands Inc
$2.81 -4.10%
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  1. 1Tilray Brands announced its first quarter fiscal year 2027 results.
  2. 2During the period, Tilray's cannabis revenue of $56.1 million decreased 13% compared to $64.5 million a year ago.
  3. 3Tilray's cash burn of $16.5 million for the period ended August 31 increased significantly from $1.3 million a year ago.

So what's the key point?

What is the main point? Tilray Brands' cannabis revenue fell 13% and its spending increased significantly. While the company's income is decreasing, cash is flowing out much faster than before.

Source The Motley Fool +1 · View original ↗

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