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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. > If there is no tax relief in budget
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Post by DuDliedingle on Apr 16, 2024 7:00pm

If there is no tax relief in budget

That would tell you a lot of things. 

1. This government only looks at the tax they are collecting and have no idea how to help an industry grow. Only think that cutting taxes would be a cut to them, rather than possibly driving some people from buying on black market to legalized product.

2. The MJ industry in Canada has very little to no lobbyists or ideas of how to get into the Governments ears. To influence or talk with to get any idea what the government is thinking. An industry which has no ideas of what could be happening but sitting and waiting and wishing something happens. 

3. There is very little thought to having this industry grow and flourish, to create monster companies who could become world leaders headquartered in Canada. 

4. The Government is out to lunch.
Comment by quinlash on Apr 16, 2024 7:05pm
I have yet to see any credible news coverage on what is / or is not, included in the Canadian Budget.  Until I can open the files myself I will not take anything for granted.
Comment by Oldweed on Apr 16, 2024 7:08pm
I doubt David Klein was misquoted. Canopy Growth Corp. CEO David Klein said in an emailed statement that the Ontario-based company was “disappointed that the Canadian government missed the opportunity to address the flawed excise tax regime in today’s budget.” “This oversight signals a lack of commitment to the legal cannabis industry as well as the jobs and economic growth we create ...more  
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