Interesting cost per gram TILRAY PRODUCTION COSTS ARE ABOVE AVERAGE
Tilray had production costs per gram of $4.78 in the three months ending June 30th, 2018, 14% higher than the industry average.
Production costs increased 25% in the last year as the company staffs up and builds facilities and distribution infrastructure to be ready for recreational sales on October 17th.
Tilray is well positioned to distribute cannabis grown in Canada and Portugal throughout Europe, but it will have to bring down production costs meaningfully to compete against the largest Canadian producers longer term.
INDUSTRY PRODUCTION COSTS PER GRAM
SEDAR, Grizzle Estimates, SEC.GOV