Post by
Keeler on Oct 14, 2022 3:07pm
Tilray should buy SNDL
and forget about spending any money on Hexo.
Hexo will have to declare bankruptcy without Tilray's support - especially if Tilray calls it debt.
Wait and pick up Hexo for nothing.
Sundial ticks all of Simple Simon's boxes - actually he only has one and that's revenue. SNDL's Alcanna is nothing but a cash cow, retail outlets, cash on the Balance Sheet, US connections, production facilities, investments - Tilray would be on it's way.
I'd even buy Tilray shares
Comment by
Coloradobuff on Oct 14, 2022 8:24pm
Nope. Tilray should conserve cash. Don't need to invest anymore in Canadian market. Unless companies go bankrupt and they can vulture the carcass. No lifelines. Let the weak companies go down.
Comment by
Keeler on Oct 15, 2022 10:10am
You're right - I agree But Simple Simon will continue the failed logic of acquiring companies to achieve his revenue goal, regardless of bottom line - and requiring additional finances. I think VFF will be acquired by a US MSO - better for VFF
Comment by
Coloradobuff on Oct 15, 2022 12:07pm
I don't think Simon will buy anymore Canadian companies. It's not working for them.
Comment by
Pedronocents on Oct 15, 2022 12:30pm
Simon likes to buy companies who are struggling and on the downward spiral and overpay. Hello Hexo. That will end up being a takeover eventually. Then for a short period (before they screw up that) he will claim they have the number 1 brand and they have grown market share into the low teens. Listen, we have to grow share somehow.
Comment by
quinlash on Oct 17, 2022 12:56pm
SunDial doesn't have anything that Tilray needs or wants IMHO. They partnered with HEXO for the deals they have in place with Molson Coors (IMHO) as well as the patent library held by HEXO.