$200 million for quite awhile on financials - along with inventory write downs/impairments in the millions as stale stock is destryed or de-valued (and dumped in the Israeli market)
Tilray also reported revenue of approx $70 million a quarter - so in effect, Tilray carries 3 years of inventory????
Geez oldweed - I guess you're lucky the product you got was only a year old, it must be popular.
One of the reasons Simon was finally (mercifully) terminated at Hain was because of his failed growth by acquisition strategy. Hain ended up with dozens of mis-kabolualted, misfit, non-profitable roganzaitions that couldn't possibly be integrated into a smooth running conglomerate - headed by over paid, incompetent seniro managment.
Lack of cost control, production efficiency - and NO synergies (otehr than staff layoffs).
Tilray is exactly the same model.
Post by
Oldweedon Feb 08, 2024 5:20pm 
48 Views
Post# 35871099
Unable to Fulfill Sales Not a Success Formula
So if sales are good , then you would expect to see from time to time a shortage of supply on the shelves, I beleive some have pointed out recently that is the case with drinks.. When I order CBD from Tilray I will receive product over a year old, cream or capsules doesn't matter its always old. I have tried the drinks, but again always limited supply on orders. If I look at chocalate, it's almost always out of stock. So what gives folks, if sales were hot the supply would not be old. There is something fundamentally wrong when the above conditions existed for months and and in some cases years. It's to the point now I will move the prescription over to OGI. If you consider that medical patients are a prioity then why would this even be an issue, again there is something very disfunctional with the management of production and distribution