RE:RE:Well, TLRY results suckNone of this matters. There is just too much weed being produced and not enough demands. Just look at every street corners or the malls and they have a cannabis store. The whole idea was to produce for the US markets and now that legislation have been pushed back even further, there will be more loses and writedowns for these cannabis companies. The Canadian markets are too small. Forget the nonsense about the foreign markets. There is no chance for them to compete in them. The whole point was to produce for the demand of the American markets. There is more pain to come with the looming recession. Like I always said, sit tight and be patient. If you can't just trade it when ever there is any rumours about legislation buy and just get out before the end of the day. Aurora and Hexo are already bankrupt. I really wouldn't be suprised to see Canopy restructure under bankruptcy and then re-emerge. One last big flush coming then the sector will rise from the dead. Cheers. Good luck in 2023.
quinlash wrote: That may be your opinion however I fail to see how you came to it. Tilray reported a notable increase in sales, free cash flow as well as margin improvements and 15th QTR of adjusted EBITDA posiive.
It's a positive for Tilray and for the sector as it is another piece of evidence that these companies are capable of growing sales without much progress to date on the US Side of things.