The dumbest quote of the day. Canadian cannabis LPs MAY be allowed to e port medical cannabis into the US, what I've posted is that there is no guarantee.
Even current Canadian legislation exists now allowing medical cannabis to be sold for research purposes - but the rules are so restrictive and the conditions for approval are such that virtually none is actually shipped.
Besides the US having ample supply of its own - eacht receiving jurisdiction - each individual state - must also issue an import licence. Federal U.S. legalization changes nothing.
As for Medmen - Simpke Simon is suggesting that Tilray will get 9-11 retail dispensaries?
Ridiculous.
The receiver has stated that the remaking stores are up for sale - and failing that, will simply be closed/abandoned. Regardless, it would be illegal for Tilray to operate cannabis stores in the US - if it was legal, why aren't they doing it already?
Using Simple Simon as a reliable, trustworthy source of information is laughable.
Post by
Savage97on Sep 15, 2024 11:36pm 
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Post# 36224913
Quote of the Day
Irwin Simon on TDR July 30th stated 2 separate USA business models that could benefit Tilray if / when Rescheduling to Sch 3 occurs.
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With Certified GPM medical Cannabis facilities and NAFTA, TLRY will be able to export medical cannabis into the USA. Tilray has 5M ft2 of grow ops in Canada as close as 30 miles to Detroit.
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Irwin Simon was asked on TDR about Medmen. As of July 30th Tilray and a 20% partner thru the Superhero Acquisition Corp bank Note, the only secured debtor with 80% held by Tilray and 20% Hankey Capital, a private direct lender and California developer, have 9-11 Medmen locations. Irwin Simon stated on TDR July 30th "we will build out those stores, Medmen 3.0" meaning the partnership Tilray / Hankey. The Medmen bankruptcy will likely take 9 months to complete, so by years end or shortly there after we will see what Tilray has been awarded and will be building out. Medmen at its peak was valued at $3B with 30 operating Retail stores, 70 licensed Undeveloped locations, Infused Beverages, Energy Drinks and Waters, 7 licensed Grow Ops, operating across the USA, in various states. Could Tilray & Hankey end up with a substantial cannabis operation in the USA? Likely. That has started. Sch 3 would benefit that operation Medmen 3.0