Tilray Brands, Inc. TLRY

Why I Skipped US MSOs + Stuck /w Canadian LPs

[quinlash]

Don't get me wrong with this post.  If you like US MSO's then go head over there, find one you like and invest as much or as little as you like.  There are certainly investors of Tilray Brands / Canopy Growth / Aurora Cannabis Etc that are also holding some amount of shares in one of the US MSOs, not me, but I know of some on this forum.

Here is why I opted to stay away from the US MSOs.

#1 - They deal in cash as they are not allowed to use the banks right now

This means if their cash gets robbed they are done for -> Game Over.  It also means there are unknown tax implications on that cash as soon as Banking is allowed.  There are recorded cases of Cannabis shops in the US being robbed at gunpoint and large sums of money going missing.  Unforunately these companies also do not qualify for any sort of insurance at this time so again, one bad break and the company could be crippled or taken out of business.


#2 - They are enjoying high retail prices right now / higher than realistic margins

The Canadian Market is fully legal and competition moved in to drive down prices.  Companies that competed on lowest price / lowest margin went out of business and / or were taken over by larger operations such as Tilray Brands and others.   Until the US Legalizes we are not likely to know which of the current MSOs will be able to withstand "REAL" competition and still operate successfully when the market sees real competition show up.


#3 - Canadian Producers have the necessary licenses to operate in the Medical Market Overseas.

Very very few US MSOs have access to Europe with the only one popping to mind being one which literally came into Canada to buy out small Canadian LP that had the necessary License.


#4 - Until the US fully legalizes many of the US MSOs are stuck in the US

Canadian LPs are dealing internationally, much more so than the US MSOs.  Canadian companies are "easily" entering countries like Germany, Poland, Isreal, etc.  While the US tries to figure things out Canadians are running the show on the international stage.


#5- Comparing Fundamentals I am finding more appealing discounts on Canadian LPs vs US MSOs.  

This is a big topic but easy enough for anyone who understands to run the comparisons between whichever Canadian LP(s) and various US MSO(s).

[quinlash]

You can always ask Google for more information on topics such as 280E Tax Reform, SAFER ACT, US Cannabis reschedule, US Cannabis Legalization  etc etc etc  these are some of the hurtles facing the US MSOs In terms of Tilray Brands you can skip those concerns as Tilray is operating in Canada, Germany and other countries overseas. The US is certainly going to be a big market (likely the