It Looks like Mr. Johnson (Curaleaf) has been exiting States including, but not limited to California, Colorado, Oregon, Vermont, Michigan and now Maine. Probably more, lost count. It’s clear as mud that New York State will be next. Worse than California with a population of 40 million. Operators and MSO’s burning through 100’s of millions.
Absolute Forest Fire in the Weed Market. 1000’s of illicit stores, no way it can compete. Or anyone for that matter in New York State. No way it can go on, in the State, the Cannabis Market is in, In New York.
Has Mr. Johnson given up on the USA, as it seems the cash from the fire sales is going to the global market, minimal cash and dept through the ceiling, include the Tax owing to the Feds.
The Global Market where TLRY Brands has a foot hold for many, many years (google it). CURA dipping their toe in.
Is Mr. Johnson sending a message, that the USA is unsustainable without de scheduling? It seems that way.
Mr. Simon (TLRY Brands) did he actually play the right card to get into the USA market with craft beverages? It seems that way. Federally Legal, with infrastructure and distribution throughout the USA and Internationally. Last quarter up 117% on Craft Beverage’s.
As Curaleaf watch’s the Weed fire burnout of Control in New York State (this was their token carrot in its last quarter, along with Germany).
TLRY TILRAY Brands waits patiently, increasing revenue, exposer with craft beer, CBD Beverages and Hemp throughout the USA.
Once again MSO’s reactive and following the Proactive LP’s such as TlRY Tilray Brands. The Global Leader!
Better than Most - TLRY Tilray Brands.