Tilray - so called ‘longs’ and promoters used to boast about the 23% institutional ownership - that number has dropped down to 10%. They must follow Tikrays German market share, same thing there.
Indtitutions don't invest in US MSOs for one simple reason - cannabis is illegal in the US, so just like the banks - they choose not to rather than risk penalties.
Tilray promoters are uninformed for the most part - they are unaware of how the US system works in general - and actually are only slightly better informed on the Canadian sector.
Rescheduling and SAFE doesn't guarantee that institutions can jump in - but once they are legally able, you'll se a large migration out of dead money Canadian cannabis LPs and into the far more lucrative opportunities in the US.
Comment by
Realistic44on Mar 29, 2024 1:23pm 
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Post# 35960258
RE:$1 in $10 of gross profit
Very good post, Keeler, because that is the truth. Intervention from top institutional shareholders is needed and it is a mystery why they haven't moved in yet. Regardless of these true facts, the same Hexo Guru (SSL) lovers are still pumping Tilray's CEO Irwin without acknowledging his bad business decisions. True facts and numbers will always win against the fallacy of wishful thinking.