Can you imagine the stupidity and incompetence. $225 million on Medmen - $250 millin on Hexo.
They have since sold or have for sale all Hexo facilities - 1 million sq ft B9 in Gatineau, brand shiny new state of the art - never grew a seed of cannabis.
Now for sale for a paltry $20 million ( which they apparently can't get) - they grow cucumbers and tomatoes in it - Simple Simon said the demand was huge in Quebec)
No mention of produce sales in the financials though? So why wouldn't Tilray just disclose the revenue number?
Is it because the industry standard cuc is the 'Long English Cucumber'?
Simple Simon is going with dead craft beer and 4 flavours rs of hemp beverages?
Theres no strategic plan - it's just a big mush
Comment by
DuDliedingleon Oct 14, 2024 4:07pm 
3 Views
Post# 36265519
RE:Keep Nasdaq listing -
Keeler wrote:
dump Simple Simon.
Hire competent, professional manager with better hair, who Molson and AB can't use as a patsy to dump their failing pubs on.
No doubt, there's a huge payout - but then Tikrays favourite - REAL synergies.
Post by
DuDliedingleon Oct 14, 2024 3:12pm 25 Views
Post# 36265473
Best thing Tilray could
Do.
Would be to delist from the Nasdaq and go with a listing where most other Cdn and USA companies are. Then invade the USA . Having a listing that is holding you back from major expansion plans and conquering the world is limiting the CEO who has vast experience in growing a worldwide conglomerate. I don't know why he hasn't come up with that plan.
It's better than his plan of following the Aurora failed plan of some years back. Look at that stock as an example of where Simon is failing.
But then they would have to pivot change philosophy and do things that actually have a chance of creating profit.
Just imagine the amount of cucumbers and tomatoes.