Oh - and the otehr hilarious comment was that Simple Simon is still expecting 'big things from their investment in Medmen'.
?
Did anyone tell Simon that Medmen is trading at 0.00 cents - because I'm not sure he even follows the cannabis sector.
Medmen is a highlight for your financials?
Post by
Keeleron Apr 09, 2024 8:15am 
4 Views
Post# 35978455
Two years ago, Tilray had 16% market share
and Hexo had 17%.
That dropped to 8% and 5% respectively at acquisition - now their combined market share is reported at 11.7%
I guess it's time to buy another failed Canadian cannabis company - or maybe some more craft brewers in the US to get those top line sales up.
The hilarious line in the craft brew section was that the marginms haddecreased 'due to the acquisition of the craft brewers and their low margins -due to under utliization'
In other words, nobody buys their product.
Gee, what a surprise AB was willing to let them go