You have to be an amateur, elementary level type investor if your sole source of information is a company's own site and press releases.
Tilray, like any other company, presents the posiiives and glosses over the negatives, what else would one expect?
Simpke Simon said in an older press release that Tilray would report $4 billion in sales - they reported $800 million. The press releases have stated that Tilray would be cash positive in Q3 - then q4 and now 'some time soon'.
I for one am quite familiar with Simple Simon's history - he used the failed growth by acquisition to nearly destroy Hain - with investigations into financial reporting and lawsuits. He was forced ally given the boot by Hain - and offerrrd a job with Aphria - with a $10 million signing bonus - by people he was acquibated with thru Hain.
Simon has made $66 million over the last 3 years - while Tilray has reported losses totitalling $3 BiLLiON.
Quinlash continues rs to defend the boss, taking his side over the side of his fellow investors, outraged by Simons incompetence and mismanagement.
Hain was as a collection of discombulated companies that could never be integrated into an efficient, lean machine - thet could never get costs under control.
Simple Siphon is making a mess of Tilray using the same strategy of buying bankrupt or failing companies that will never be properly managed or integrated.
Tilray press releases for research?
Absolutely absurd
Post by
quinlashon Aug 25, 2024 12:01am 
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Post# 36194993
Tilray Homepage
There are few folks posting to this forum who clearly have not visited the Tilray Homepage.
There have been 2 strong reports pointing to cash positive positioning on this company with most recent having an impressive $800 mil USD net revenue reported
Numerous press releases have been issued for new products as well as developments with their overseas sales.
I realize the CEO is taking flack from a few who post here however his progress is reflected in the reports, not in the SP as of yet. His qualifications and history are also outlined on the site. I'm not here to sell the guy, do some research and decide for yourself
Here's the link:
https://ir.tilray.com/investor-relations/