I disagree with quinlash, first of all quinlash - to get it out of the way, do you not think greenhouses are heated?
Heating costs are huge in a greenhouse - no, not diesel, but Canadian winters mean greenhouses need to be heated. Or do natural gas prices never go up?
That aside, freight companies DO run on diesel - and freight companies DO pass on increases to users such as Tilray.
It's funny when people try to make fun of other people, the danger in doing that is that one could put his OWN lack of understanding on display.
Anyway - one of the problems the Canadian cannabis sector has in pricing, is the simple fact that they CAN'T pass increases on to the cutsomer. Black market, competition and over supply result in lower pricing - not just for Tilray.
Only the uninformed would suggest that Canadian cannabis LPs get to set their own pricing - when, like Tilray, they have $250 million in inventory sitting unsold in warehouses.
Post by
quinlashon Feb 26, 2024 8:50pm 
29 Views
Post# 35900471
Diesel Prices ?
How desperate does a short have to be to use the price of diesel to bash with ?
Here's the reality of fuel prices - Everyone is affected by changes. As fuel prices go up then the cost of goods and food increase. These costs are not absorbed by the company, the cost is passed onto consumers. Regardless of which company you want to invest in they all have the same fuel cost to consider.
Don't like Hugh taxes ?
Stop voting for politicians that do nothing to improve the economy and simply pass the cost of their errors to average Joe's through tax hikes.
BTW Tilray has green houses they're not running tractors etc