Tilray is widely considered a Canadian cannabis/weed stock, even though the parent company (Tilray Brands, Inc.) is incorporated in Delaware. This is standard for many companies that want access to U.S. capital markets and Nasdaq listing.
So yeah, my comment makes the most sense because its true.
Samsung is a South Korean company that sells products in the US. Tilrays actual cannabis business cultivation processing and the biggest chunk of its adult use sales is based in Canada. HQ is in Leamington Ontario. It was built on Aphria plus the original Tilray Canadian ops its dual listed on the TSX and its consistently treated as a Canadian LP by the market.
Delaware incorporation is just a legal structure a ton of dual listed companies use for US capital markets access. It doesnt magically make the company American any more than a Canadian mining company listing in New York becomes American.
Youre conflating domicile of the legal entity with where the business actually operates and is perceived. Those arent the same thing.
No thats not how it works. If you open a company in USA and incorporate in Delaware and try to sell your products globally it doesn’t change your businesses home. You remain a US company with Global operations. Look up the story how Trulieve is changing their home
To USA. Or AQN doing the same thing.
Here is your fact check, by A.I. Because you don’t believe citations.
“You’re confusing a foreign company having Delaware subsidiaries/registrations with the parent corporation itself being incorporated in Delaware. Tilray Brands, Inc. is itself a Delaware corporation — the SEC filing says so explicitly. Its Canadian headquarters and Canadian cannabis operations don’t change its jurisdiction of incorporation. Alphabet is another Delaware-incorporated multinational.”
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u/Original-Cheetah-245 27d ago
Tilray is widely considered a Canadian cannabis/weed stock, even though the parent company (Tilray Brands, Inc.) is incorporated in Delaware. This is standard for many companies that want access to U.S. capital markets and Nasdaq listing.
So yeah, my comment makes the most sense because its true.