Tikray Brands - US legalization the current US political circus is an emarrassing joke for the US.
Given the current week long vacation taken - when they should be at work picking a new Soeaker - and the oncoming election, the window for getting any meaningful legislation through is closing.
Without legalization or at least SAFE or rescheduling - growth in the US cannabis sector is delayed. US MSOs are directly affected but wil carry on as usual with the States that have legalized, but we see share prices dropping the last whil.
Ccompanies such as Tilray though are dead in the water, restricted to a dismal stagnant cannabis Canadian market. Without legalization in the US and Germany, Tilrays only shot is alcohol - the craft brewers were a bad acquisition - but Sweetwater and Breck were good choices, but I don't think they are enough to offset Tilrays cannabis losses.
Organic growth - not growth by acquisition - the push to increase sales at any cost doesn't work. What's wrong with a strategic plan, slow and steady growth - always looking at the bottom line not gross sales - and when that bottom line allows - THEN look to expansion