Truss dealMolson / Coors was looking to EXIT Cannabis space and ( IF ) Tilray was not going to buyout the majority partnership then Molson would of put it up for sale anyways ...
The sales numbers ( cost factors ) has DISAPPOINT the upper management at Molson / Coors !!
So Tilray pumpers believe it a good buyout ??? Molson is HAPPY to exit the space but at what cost does it dig Tilray financial hole ?
Tilray will need to spend more money on the backs of shareholders !!
NOTICE THE AMOUNT WILL NOT BE DISCLOSED AND THE TERMS ??????
When quarterly's show up ? So will hole Tilray dug because Molson gave Tilray ABSOLUTELY ZERO
options because a drag was going to be sold anyway
Some may cheer believing it benefits but it is actually it's Molson gain to loss the NON- PROFIT
https://thedeepdive.ca/molson-coors-exits-cannabis-business-with-divesture-of-truss-beverage-co-to-tilray-brands/