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Bullboard - Stock Discussion Forum Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

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

NDAQ:TLRY - Post Discussion

Tilray Brands Inc > Large MSO’s and Safe
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Post by Ventura2020 on Sep 06, 2023 9:00am

Large MSO’s and Safe

  • This is counterintuitive if one takes the stated intent of the SAFE Act at face value. The ACT aims to ease access to bank services, and this increased availability should help smaller companies the most. However, the image of an “all-cash” industry has not been the reality for years, at least not for public cannabis companies. None of the companies on this chart have difficulty obtaining basic bank accounts or services, and to that extent, the SAFE Act would produce modest gains at best.

  • The most significant benefits of the SAFE Act are indirect. Granting a safe harbor for the provision of banking services may lead to increased willingness of banks to custody cannabis equities, and this could lead to greater trading liquidity and more incentives for the senior exchanges to allow listing. It may take some time, but an equivalent of the SAFE Act will eventually lead to up-listings, a much bigger deal for the companies

Comment by CaneIsAbel on Sep 06, 2023 9:03am
Well then my gosh according to Keeler you better sell MSO's. If they uplist to the senior exchanges and join Tilray Brands where the wolves of wallstreet really exist they will lose their advantage on the OTC over the counter exchange. 
Comment by CaneIsAbel on Sep 06, 2023 9:06am
Does everyone finally see. By keelers logic safe would actually be a bad thing because Curaleaf would in time possibly uplist to the Nasdaq along side Tilray. Where my goodness volume, liquidity and actual trading may cause............volitlityyyyyy noooooooo 
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