I agree with most of your post oldweed - but there is nochance of little Tilray - 17th in the world in annual revenue and a questionable balance sheet - would ever be in a position to acquire a Tier 1 MSO. Tilray is going to have to doa huge raise - just to survive - where in the world is the funding coming from to acquire BILLION(s) dollar Tier 1 US MSOs?
It would be like a craft brewery approaching Annheuser Busch with an offer to buy them out. They wouldn't get a meeting with ABs management - who would at least get a good laugh out of it.
Merger?
mmmm - maybe, but a more likely scenario in my view, would be US MSOs looking to acquire Canadian LPs to meet their increase in demand. As Simple Simon stated - Tilray has enough sq footage to supply ALL OF CANADA by itself - of course, most of that is idle and vacabt (except for some produce being grown?)
Tilray will either enter sales agreements to supply US MSOs or they'll be bought out - but Tilray will never enter the US and gain any sort of meaningful market share on it's own.
Comment by
Oldweedon Feb 24, 2024 9:19pm 
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Post# 35897577
RE:RE:RE:Tilray Germany
That said ACB is expecting to be profitable in 2024, as is CGC that has also rightsized the ship with significant cuts, OGI is already rightsized and is well funded, and HITI is top of the hill in retail and expanding with little debt. Tilray has taken the complete opposite approach and has not only built a bigger ship, but is building a 2nd one for craft. Cash burn is still high and will increase with more expansion as will dilution as they will need to buy another MSO, they already have 400,000+ in debt. If Tilray can pull it off and buy a tier 1 MSO they will be huge. Certainly a big swing of the bat with investor money. Will be interesting to see who survives and comes out on top when the markets are fully open in in the USA. Tilray seems to want go it alone with no partner, and in strategy. (Same play book with Haines). This story has already played out imo.