D.C.'s Quiet Plan for a New Tech Era
Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

| Open | 7.80 | Prev Close | 7.82 |
| High | 8.98 | Low | 7.16 |
| Volume | 8,952,921 | Volume (Avg) | 6,809 |
| 52 Week High | 23.20 | 52 Week Low | 3.51 |
| Market Cap | 865.7M | PE Ratio |
General
| Name | Tilray Brands Inc |
| Ticker | TLRY |
| Exchange | NASDAQ |
| Sector | Healthcare |
| Industry | Drug Manufacturers - Specialty & Generic |
| Currency | USD |
| Country | USA |
| Fiscal Year End | May |
| Full Time Employees | 2,842 |
About Tilray Brands Inc
Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally. The company operates through four segments: Beverage, Cannabis, Distribution, and Wellness. It also offers medical and adult-use cannabis products; resells and distributes pharmaceutical and wellness products; and produces, markets, and sells beverage products, and hemp-based food products. In addition, the company provides entertainment products. It offers its products under the Tilray, Aphria, Broken Coast, Symbios, Navcora, Tilray Craft, Charlotte's Web, Montauk Brewing, Shock Top, 10 Barrell, Breckenridge Brewery, SweetWater Brewing, Breckenridge Distillery, Blue Point Brewing, Broken Coast, Redecan, XMG, Manitoba Harvest, CC Pharma, Good Supply, Solei, Mollo, Chowie Wowie, Original Stash, Canaca, RIFF, Tilray Medical, Bake Sale, The Batch, HEXO, Alpine Beer Company, Green Flash, Cruisies, Atwater Brewery, Hiball Energy, Liquid Love, Hop Valley Brewing, Redhook Brewery, Revolver Brewing, Square Mile Cider, Mock One, Widmer Brothers Brewing, Runner's High Brewing Company, SweetWater Brewing Company, Terrapin Beer Co., Happy Flower, Fizzy Jane's, Herb & Bloom, 420 Fizz, and Fresh Hemp Foods brands. The company sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company was formerly known as Tilray, Inc. and changed its name to Tilray Brands, Inc. in January 2022. Tilray Brands, Inc. is headquartered in Leamington, Canada.
Highlights
| Analyst Target | 18.30 |
| Market Cap | 865,700,000 |
| EBITDA | 28,871,000 |
Valuation
| Forward PE | 1,000 |
| Price/Sales (Trailing 12 Mt.) | 1.09 |
| Price/Book (Most Recent Quarter) | 5.90 |
Technicals
| Beta | 1.80 |
| 52 Week High | 23.20 |
| 52 Week Low | 3.51 |
| 50 Day Average | -42.47% |
| 200 Day Average | -8.93% |
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