quinlash is quite correct, Tilray reports in USDSo, what do the numbers look like in Canadian funds?
On the Balance Sheet - assets include
Inventory $ 334,470,000
Goodwill $ 2,753,200,000 (that's right $2 BILLION)
Medmen debt $ 32,000,000
Assets Held for sale $ 39,200,000
Total $ 3,170,740,000
So, at year end - you can look for write offs in Invemtory and goodwill - and probably the remaining Medmen debt that they didnt write off last year.
So, another year end Net Loss of over $1.5 BILLION in CDN funds
Can you imagine - 50% of Tilray's assets are Goodwill and Medmen debt And current debt???
Cash on Hand $ 200,366,600
Market. Securities $ 109,000,000
Total
$ 309,400,000 Current Debt
$ 450,867,000
For those that dont get it - Tilray has $ 309 million cash and $451 million in current debt.
THAT spells financing and dilution Thanks for pointing the currency out quinash - it's even worse in Canadian
Comment by
quinlashon Apr 27, 2024 12:14am 
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Post# 36010718
RE:RE:TLRY=Rec+Med Cannabis + Alcohol
If you are comparing TLRY sales to Canopy Growth (or any other Canadian Stock) be sure to note TLRY reports in US Dollars, not Canadian.