Quote of the Day This Fiscal year 2023/2024 Tilray added 8 separate brew businesses from AB, major expansion at SweetWater Atlanta brewery, cosponsored with Wells Fargo stadium concert in Atlanta, moved into numerous stadiums, Added Hexo, Redecan, Truss. Paid down all of 2024 due debt and only up to $100M remaining in future years. Process of setting up and selling the new huge Hexo greenhouse in Gatineau. Germany legalized and sales great. Added further distribution into Italy. Medmen still outstanding but likely very time consuming for senior management. Tilray added nearly 500M shares thru shareholders approval vote to their kitty at AGM Nov 21, 2023. Now roughly half maybe brought into cash over months or years for future US or overseas expansions. Being prepared. What could Tilray possibly do to up 2023/2024 fiscal year? I believe Tilray is on the right path.
1st quarter earnings released mid October 2024. Full 3 months of German legalization, all new brews running on all cylinders thru summer months. Legalizations will be happening likely in EU and US