RE:RE:RE:RE:RE:$1 in $10 of gross profitCaneIsAbel wrote: I for one firmly believe the Canadian market will prove very lucrative when the infancy matures contrary to what you think. I believe Tilray Brands will be a dominate player and I definitely believe the shorts who remain will be squeezed to oblivion
Actually, I didn't say the Canadian market isn't lucrative, a 5-10 billion dollar market is nothing to sneeze at. I even pointed out a couple of companies that are doing very well, but imagine how well these companies will do if market conditions improve! It speaks to my point, these companies are proving their MJ model and are ready to export their business. As the faulty models fall out of the market the proven viable models will become even stronger, further advancing their ability to expand. I think you have to have a solid home base operation to carry you through expansion. Tilray is caught between a rock and a hard place, fundamentally it is very risky for them to advance quickly into foriegn markets, yet the timing of the market will require they do, mostly in part due to their current MJ model that requires they do so. Keep in mind, Tilray is not the only player expanding and the MJ space will become far more crowded internationally before it weeds out all the week players, so Tilray will need a long runway, lots of cash, it will not be easy to say the least if they remain struggling in Canada and will face price compression, taxes, and legistaive hurdles everywhere they go.