Tilray added Value through AcquistionsAt the risk of venturing off into a long winded discussion about fundamentals, adding cremental sales / revenue for the benefit of Investors etc I will keep this fairly brief... " You need to spend money to make money "
Tilray could have taken cash (or raised funds) to expand it's existing Cannabis facilities etc however it opted to acquire other / smaller Cannabis companies as well as buy Craft Breweries from Bushe.
If you are an investor in this one, or considering a position, ask yourself this:
"
WHICH IS BETTER? They expand their current products or broaden their product offerings through Acquistions? "
As a current investor in Tilray Brands I am pleased to see the expansion into Craft Brewing and, as someone who actually reads the reports, I am pleased to see that the revenue from the Alchol products had a
QTR over QTR increase of 117% -> That's in 3 Months folks Tilray is still growing and has yet to turn profitable, any investor in the Cannabis Sector should be aware most companies have yet to turn this corner however some (not all) will.
It is of my opinion that this company has
STRONG PRODUCTs, has the
RIGHT BUSINESS MODEL and has
LIMITED RISK (
not Zero -> LIMITED) due to the backing of the Alchol sales it has acquired.
If you research and opt to not invest then I will wish you well elsewhere. If you do opt to take a position then I certainly welcome you on-board as a shareholder and hope that you consider being a member of this Stock Forum.