Post by
geodcan on Mar 30, 2024 5:53pm
Tinley going the tried and true
by picking up craft brewers and trying to invigorate them to profits with some new entries and promotion.
Kind of emulating Constellation Brands STZ's success with their alcohol biz diversifying into the pot biz with their huge, shakeup investment in Canopy.
$5 billion Canadian was the best deal that Linton pulled off and it helped to skyrocket the potential of cannabinoids as an investment.
Sadly, right after that Constellation took the tried and true accounting analysis of the worth of a company and it became clear that a lot of money was spent and wasted because profits were just not there because of the supply and demand.
Too many players and too many growers cut their own throats and it continues, the whole while, killing companies and leaving the survivors struggling.
Tinley is bolstering their beer lines while I think they should be pushing for the Delta 9 made from hemp beverages because that is where the future is for value added potpreneurs.
It does seem that Team Klein from over in the Canopy camp are going to try their wings in the US.
Both Tilray and Canopy have said the legalization issue in the US isn't holding them back from hanging their shingles out, so let's get on with it!
Tilray has a bunch of breweries that could be cannabinoid beverage producers in the US and Canopy has Acreage Holdings which seems to be the least loved MSO but it is still a segway for rapid setup of a cannabinoid business with Canopy Brands.
glta and dyodd
Comment by
geodcan on Mar 31, 2024 7:24pm
oopsed! I said Tinley when I meant Tilray! Sorry for the screw-up.