RE:If you watched the interview. CaneIsAbel wrote: Despite all these challenges Tilray Brands faces with Canadian regulations alone, it's incredible we reached a billion dollar revenue with cash free flow guidance. The April review will make the changes necessary the Canadian government is under tremendous pressure to stamp out the black market. Changes will come! People don't realize Tilray Brands is profitable but we are paying the most ridiculous excise taxes in the history of all taxation on people. It's honestly a case for the Supreme Court at this point. The Canadian government will change this they have no choice most companies are not even paying it. They are owed 100's of millions the CRA. Tilray Brands is a company that makes its payment operates legally. The only ones beating up on Tilray Brands are the shorts and I've shown you how much short volume there is. That's why they are all here on this bull board. If any other industry paid the taxes we pay, they would be in the red too quarterly and there would be revolts on the streets. Cannabis is a new sector and stigmatized so it's been taken advantage of but that's coming to an end
Well this is ackward.... I don't like correcting TLRY Bulls however I have to (it just wouldn't be fair to the forum).
- TLRY is
APPROCHING 1 Billion. The CEO noted in the interview that he is optimistic on it but we are not there yet. If we total the last 4 reports we will be shy of 1 Billion by a few 100 Million (I don't have the totals handy but roughly speaking)
- TLRY (as a company) is still reporting EPS negative (apx -7 cents), so overall the company is still operating at a loss however that is getting much more narrow now and they expect to be adjusted EBITDA positive on next QTR report. The CEO also noted 30 million in HEXO Synergies that have yet to appear (he's likely high on that but regardless, there is more positive expected from having HEXO as part of TLRY)
- I haven't seen anything to indicate that the Canadian Gov in under pressure to stamp out the BlackMarket. They are actually VERY late in delivering the promised / expected Canadian Cannabis Reform that would change the rules and maybe aid in cost cutting. Considering how curropt the Canadian Fed Gov is today I wouldn't be surprised if it comes to light that someone is getting paid off within the gov to delay tax relief for Canadian Producers.
The CEO made a number of other VERY GOOD comments during the Trade to Black / Dales Report interview. I would highly suggest everyone view it themselves so that they do not need to reply on Forum Users re-hashing a play-by-play and maybe getting something slightly incorrect.
Best Regards,
Q