Why I'm Long with TilrayDiversification! with Q3 Alcohol revenues increasing along with Cannabis sales increasing a 30% revenue growth indicates a company thats growing! plus lets not forget about a strong financial liquidity position of $265 million consisting of $146 million cash and $79 million in marketble securities. So even if the DEA takes months Tilray is one company thats in great shape to being a major releasing new products all the time. With 38 of the 50 states for medical use and 24 states for recreational use the cannabis sector won't sit and wait for DEA before making M&A moves so Diversification like Tilray puts this stock on top! One day holders will be paid a premium for these share$. Going long!!
Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter
Beverage-Alcohol Net Revenue Increases 165% Over the Prior Year Quarter, 5th Largest Craft Beer Brewer in the U.S.1 with 4.5% Craft Beer Market Share
Global Cannabis Net Revenue Increases 33% with International Cannabis Growth of 44% Over the Prior Year Quarter, #1 Market Share in Canada and #1 Market Share in Germany