RE:RE:RE:RE:RE:Delinquent TaxesClowninthedark wrote: There are too many LP's as it is so some weeding out might be beneficial for those still standing.
Have to agree with you on this.
The last few years has seen many mergers and acquisitions of cannabis companies with Tilray absorbing 5 or 6 on its own.
To put market share in perspective investors must realize that there are still 100's (700-800 apx) cannabis companies out there holding fractions of 1 percent of market share.
Larger players like Tilray and others have anywhere from 10 to 20 percent of the market on their own. Percentages vary depending on who's reporting on the subject but the difference is notable.
Tilray CEO has commented frequently on more acquisitions or mergers for Tilray. Who they are looking to take over next is anyone's guess but it shouldn't come as a surprise to anyone considering it's been covered in interviews, press releases and even discussed on forums for some time.