Tilray Brands, Inc. TLRY

hey 'v' - can you explain something on your unsupported

[Keeler]

"The problem with CURA international operations is, it's not up and running to capacity. Most likely getting their cannabis from an LP."


statement?
Why exactly do you classify Cura buying product to fill orders a 'problem'?
A problem is like Tilray - who dont have enough orders to keep their Portugal facility operating at 100%.

Buying product to fill orders is common in the industry - it's called wholesale. In the sector, it's referred to as 'brokerage'. A company can pay the expense of growing product or a company can pay for product from anotehr supplier - but as long as they're getting sales orders, filling sales orders and making a sufficent margin, does it really matter?

Anyway - buying product from other producers whne you're short and selling product to otehr producers when you have too much inventory and THEYRE short is common practice.

But I guess it's better that Tilray doesnt have enough sales to need to purchase product - and when they have too much inventory, it's better they write it off and burn it rather than sell it to a competitor.

I have so much to learnt you

Comment by Ventura2020on Nov 10, 2023 3:52pm

34 Views 

Post# 35729278

RE:RE:Tilray Brands - German Cannabis Legalization Update

 

 

The problem with CURA international operations is, it's not up and running to capacity. Most likely getting their cannabis from an LP.

 

Ed Kremer: Yes. And just to add on to what Boris said, Aaron, I think we've spent quite a bit of resources investing in our CapEx infrastructure internationally, that's still coming to fruition, those grow rooms that we own in that facility are going to continue to expand and get populated. So it's a bit of a mix of a supply flow that we're currently getting a portion of that from our external suppliers. So as that mix changes in those facilities come online, and Boris mentioned, our margin profile is going to expand substantially. But that's probably not going to happen until sometime in the middle of next year or so.