Medmen Bankruptcy, Exchangeable Shares USA, etc.I hope some news starts coming out soon with regards to Medmen dispersal. I’ve read court cases were May 8 and 14th. Vancouver and LA. Tilray fiscal year ends May 31st. CGC and SNDL made it very interesting establishing operations of US cannabis businesses at arms length thru Exchangeable Shares to remain on Nasdaq involved in legal businesses. Banking stays the same, investments, etc. I think Exchangeable Shares will bring numerous LPs into US cannabis business. Article recently written from Georgia Pharmaceutical that high quality forms of Medical Cannabis is not available. Could companies providing High Grade Medical Cannabis to various medical professionals and studies around the world also meet Georgia’s current need for medical cannabis to distribute in Georgian pharmacies? Reports from numerous sources German 1st few weeks of medical cannabis legalization is increasing in demand. I really think our 1st clue on how Tilray is doing with the extra demand with start showing up with the release of the 1st quarter results early October 2024. Tilray allowed to grow to full German In Country facility. Starting that increased production cycle should start showing up in sales during that 1st Q. That 1st quarter also is summertime and extra demand will be on the German distribution which Tilray has had in place now for years readying for this time. US beverages are coming together really well, winning awards for ‘best of’, getting new establishments in popular heavily used stadiums. Summer months should give us a good idea as to that future before cannabis infused beverages join in. Shock Top only Tilray brew not being put into the news yet, but I expect Shock Top will become a major national beverage from Non Alcohol to high test to infused.
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