The Entire Sector Can Be Bought Now for Price of Bubble Gum10 billion and Molsons or Phillip Morris can own half the LP market now
COnsolidation is obvious . The energy sector nearly blew itself up by listening to bankers that told them to grow at all costs. Then they pivoted to shareholder value and in 2 yrs they have rallied the most EVER . Cannabis needs to learn from that. Cut production, consoldiate, BUY back shares. Focus on shareholder value . WHO Cares about growth .
Cannabis will be here and Tilray will be asurvivor . Canopy is worth a measly 2 billion now . Buy the strongest with scale and hang on tight. A big percentage of existing LPs are propbalby not gonna make it past 2022. This is good for Tilray. Consoldation is necessary to unleash shareholder value .
Tilray is the Tourmaline of Weed.