As a multinational alcohol and cannabis company, it's no surprise that Tilray Brands (NASDAQ: TLRY) has more than one iron in the fire. What might come as a surprise is that it has so many different irons in the fire that it can advance a handful of its plans at once without slowing down.

But the question of whether these efforts make the stock worth investing in is a separate issue. After all, it's easier for a business to burn money than it is to create value. So here's what you need to know about the financial impact of Tilray's latest actions.

Tilray's alcohol business just got a significant addition.

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Source Fool.com