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Bullboard - Stock Discussion Forum Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The... see more

NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > Vegas - you're obvioulsy a numbers guy, so let's take a
View:
Post by Keeler on Nov 10, 2023 8:47pm

Vegas - you're obvioulsy a numbers guy, so let's take a

closer look.

Recreational cannabis is legal in Canada, so I guess everone has access to it - except those not of legal age, not sure what that reduces your population figure of 38 million down to.
Recreational cannabis is legal in 24 states - let's say 50% of all states.
So really, your 370 million is 185 million (less the underage)

So, instead of 10x the population - isnt it more like 5x, given only half the states have legalized? 
But wouldnt you have to look at teh actual populations of the 24 states to get an accurate % of the total US population?

But if the US market is only 5x that of Canada - then why are the MSO sales 10x like you posted?

I wish I was a numbers guy - then this would all be so obvious



Post by Vegas63on Nov 10, 2023 8:10pm
25 Views 
 Post# 35729703

Pointing out the obvious

Between LP earnings and MSO    earnings  ,,, let's start with  the United States population is 
370  million   ,,  Canada's population is 38  million ,,, so basically  the United States has times 
ten times  more people than Canada....

So no matter what the United States are selling they will have ten times more sales then Canada,,,
Whether  it's  selling shoes  ,, cars ,alcohol  and yes even  marijuana  ,,,,
Comment by Vegas63 on Nov 10, 2023 9:16pm
Keeler ,   Thank you for pointing that out,, I forgot  to mention about the United States only having 24 States for legalizing for rec  but please  don't leave out the 40 States for medical marijuana  ,,, Also if you are shrinking the United States numbers for the age limit of 18 years old  please don't forget to shrink  the age limit in Canada as ...more  
Comment by Ventura2020 on Nov 10, 2023 9:26pm
100% correct. Last I heard the USA was a free country. No checks at border crossings between states lol. The black market does it lol.  350 million people to 40 million.  MSO's are not doing well with the low yoy revenue, to be fair! Cheers, V
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