If Tilray is the #5 craft brewer in the US "Expecting over the next few weeks, likely before 1st Quarter earnings early October, that Tilray is 'Partnering Up' to enter USA Infused Beverages.
Copied from TLRY reddit "
With assets such as Sweetwater and Montauk - can someone explain why they have to 'partner up' with anyone?
But would it make a difference anyway? Truss and Molson Coors had their famous failed JV - that was infused beverage.
Molson terminated the failure due to 'immaterial sales' and the complicated inter-state commerce laws and regulations.
So, what's changed - besides Tilray selling Truss?
Infused beverages account for less than 2% of the cannabis sectors in both Canada and the US - reality deniers living in some delusional alter world - need to accept the fact that infused beverages just aren't going to amount to that big a deal.
And do Tilray investors not grasp that infused beverages have been in the US market for years - Molson Coors and the other big names all got out, like craft beer - Simple Simon knows better than those punks.