Bullboard - Stock Discussion Forum Tilray Brands Inc TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol... see more

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Tilray Brands Inc > The SAFE Bank Act

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Post by Keeler on Jun 16, 2023 9:23am

The SAFE Bank Act

will allow US vertically integrated MSOs to access fianncial services - such as debit/credit payment systems, operating in States that have already legalized cannabis. Customers wont have to pay in cash, employees will get a pay cheque - and will not have to deposit large sums of cash reducing the risk of robbery. The added convenience is an obvious plus to additonal - or higher dollar - purchases

I have no idea how that will be a positive for a Canadian LP, like Tilray, who does not have cannabis operations anywhere in the U.S. - certainly doesnt have their own cannabis retail stores ANYWHERE.

Who will benefit with passage of SAFE - Tilray or the Cresco example posted below? You dont have to be very investment savvy to answer a common sense question, but you do have to be rather uninformed if yoy suggest that teh answer is Tilray.

Posters sucha s Touran Venturovich and other pumper clowns on this board suggest the SAFE Bank Act will be a huge benefit to Tilray - they just cant explain how. They cant - because there will be NO BENEFIT to Tilray, it's just a fact.

SAFE is US legislation designed to help the US cannabis sector - in states where cannabis is legal.
Period.

I DO SEE how the SAFE Bank Act will help Cresco, Cura, Trulieve and on and on - all US vetically integrated MSOs. If you're 'long on cannabis' and waiting for US legalziation - why would you choose to invest with a Canadian LP, who have no guarantee whatsoeevr that they'll actually get access to the US market after legalization?

Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) ("Cresco" or "the Company"), a vertically integrated, multi-state operator and the cannabis industry's No. 1 producer of branded products, today announced it has expanded its Sunnyside brand in Florida with the opening of two new stores in Destin at 661 Harbor Blvd. and St. Petersburg at 8123 4th St. North. The Company's Florida retail footprint is now 31 dispensaries. Nationwide, Cresco has 66 operating locations.

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Comment by CaneIsAbel on Jun 16, 2023 9:29am

I only read safe bank and stopped reading. Safe lagalization nothing will save Curaleaf WOOW this is brutal https://www.firstpost.com/explainers/russian-billionaire-putin-ally-roman-abramovich-curaleaf-america-marijuana-industry-12169212.html/amp

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Comment by Rainbowflier on Jun 16, 2023 9:40am

I put ventura on ignore a year ago and now I shall put you, CaneisAbel, on ignore. SHADDUP!!!

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Comment by CaneIsAbel on Jun 16, 2023 9:48am

Your post on curaleaf. I know the Russian scandal is brutal. It's not a strong buy Comment by Rainbowflieron Jun 07, 2023 1:57pm 27 Views Post# 35484852 RE:RE:NY Rocky Start Except.... TD WebBroker already calls it a Strong Buy.

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