Post by
Oldweed on Feb 11, 2024 5:33pm
Safe to say Tilray will look to consolidate at home
The general consensus is more market share and sales in Canada to the tone of 30% is needed in Canada. That said, the right kind of growth that does not exponentially increase cost is also what is needed. Fairly safe to say that Tilray has allot of reserve capacity to increase production when there is the sales demand. This means Tilray be able to improve the bottom line with increased sales, in addition, smart accreditive aquisitions can also dramtically increase the market share and bottom line at home. Retail provides sales, Tilray needs greater retail presence in
Canada.https://www.fool.com/investing/2022/01/28/tilray-has-more-market-share-in-this-country-than/
Comment by
gunner1324 on Feb 11, 2024 5:42pm
Go see HITI if you want a company with increasing market share. Safer bet for the time being .
Comment by
Oldweed on Feb 11, 2024 6:13pm
I'm already there gunner, HITI is a gem I'm holding on too, along with VRNO, GTII, CURA, and my smallest position for now is Tilray. I need a clearer picture on Irwin's direction before this mudgunner goes deeper.
Comment by
Oldweed on Feb 11, 2024 5:44pm
That article is 1.5 years old, but the takeaway is Tilray has not improved market share by aquiring another LP in Canada, the need a greater reyail presence and a bigger retail market to make the model of scale work. Iriwn will have to be laser focused at home and in Europe, he must not be distracted in other areas....now is not the time to be distracted.