oh quinlash, to suggest that all other Canadian cannabis companies own an average of .24% of the cannabis market is pretty simplistic and meaningless.
To ignore OGI, VFF, Canopy, ACB etc etc actual share makes such an elementry level calculation pretty irrelevant - as is the manner in which Tilray got to 15%, whichw as to acquire anotehr company (ata price f $250 million). OGI and VFF have increased market share whith simpel, inexpensive organiz growth.
As for Brian Madden.
Brian who?
This guy deals with Canadian investments - and does not partake in the cannabis sector. It's like getting an oil & gas guy to comment on wheat futures.
Why you guys waste your time on BNN analysts to begin with is questionable - naturally, they tend to only discuss stocks they have in the portfolios they're trying to get you to invest in.
Bruce Campbell, Eric Nutjob?
Get serious.
Tilray a world leader? Could be - but more likely is that the US MSOs will dominate with US legalzaition - there are already a dozem MSOs with larger sales volumes than Tilray.
Tilray leads the Canadian cannabis market with 13% Hexo used to be #1 with 17% alone. Tilray had dropped to 8% prior to that acquisition.
The Canadian market is smaller than either California or New York.
Big deal
Post by
quinlashon Oct 26, 2023 1:01pm 
126 Views
Post# 35702446
RE:Brian Madden
Brian is likely referring to US MSO stocks IMHO. The US can be expected to Legalize at some point but most CEOs are now commenting on the fact that they are not building a timeframe into their business plans.
Tilray Brands is operating out of Canada where Cannabis has been legal for years now and they are proving out which products work and which do not. They are also operating overseas and in other areas around the world (world map available on their website).
Canadian operators are competing for marketspace within Canada, some will make it, others will not. There are apx 350 Cannabis Companies in the country at the moment with Tilray Brands noting 15% market share. The remaining (apx) 349 companies would be sharing (on average) .24% each. Tilray Brands is also listed as the largest Cannabis producer in the Country. It's record setting $177 Million (NET) revenue number last reported was the largest in the Company's history.
Does this mean Tilray Brands will be a world-level player in the Sector? not necessarily however it would be hard to justify betting against this becoming a reality considering how well it is advancing towards profitability and capturing market share where it is doing business.