So why are the guys over at TDRSaying it was a weak earnings report. I don't think Irwin is going to be doing another interview over there anytime soon.
1. Tilray needs to start making money now. So to expand on that, if Tilray were not to make anymore acquisitions and were to go quarter to last quarter what kind of growth could they do? Revenue and profit. Would it take them 5 or 6 or more quarters to generate enough revenue to break even or make a buck. Does the CEO deserve the compensation based on what's happening and how long it's going to take? As investors are you OK with your money becoming stale as the adventure into USA is going to take time, probably more than those 6 quarters.
2. The conabus earnings were well below estimates. Enough said
3. There is now becoming a glut in the hamp beverage industry. By the time Tinyray gets it's bevies into total wine and where else are they playing catchup and , hey look at me to try and gain share. Does anyone even think this is going to be a big money maker for the Cdn company and how do they dent into the guys who have been there for 6 to 10 months already.
4. What is Simple Simon's excuse gonna be next quarter? If it's the same as this which was the same as last which will be the same going forward then what are you hoping for. Like Simon says they are a cpg company not a canvass company anymore. Wait till that conabus market share drops below the requirement for the funds that are holding it. Then that 20% becomes.........
Just food for thought not advice.