Comment by
Solid1 on May 21, 2024 5:25am
Tilray is the dumping ground of failed companies. As far as I know, they are brewers after all ?
Comment by
Solid1 on May 21, 2024 6:14am
And with Medmen they really hit the jackpot... Tilray is amazing... maybe Tilray will take the new money and use it to service Medmen's creditors, then they can take it over completely.... I don't know
Comment by
Solid1 on May 22, 2024 4:03am
I have a feeling this has something to do with Medmen in the US. Medmen has about 411 million in debt and Tilray holds about 165 million in bonds, the difference is 246 million.... so it could fit... but I'm no expert... Only they can't get to Labs because (no debt)
Comment by
okgonow on May 22, 2024 9:06am
Yes they need to buy another company that puts them even deeper in the red with another unprofitable buissness possible having to pay more millions in lawsuits etc. But if the whole world leagalizes pot at some point 15 years in the future they may eventually get to making more than they spend. unless they go titz up before then