Post by
quinlash on May 24, 2024 1:38pm
Cannabis Drink Market
Currently it makes up a small portion of the overall total market for existing cannabis sales.
Tilray has 100% ownership in Truss and they also have Riff production their drinks. Truss is #1 in Canada and therefore can be expected to do well in the US once regulations permits.
If drinks were not seen to be a winner in the future then CURA would not be looking to offer the product. Fact is that CURA is about 4 to 5 years late in making that decision as TLRY likely already has that sector buttoned up.
JMHO
Q
Comment by
quinlash on May 24, 2024 1:45pm
It took Canopy over a year to get drinks out and their first attempt failed with the oils separating from the drink. HEXO (Truss) took longer, figured out the technology, patented it. Their drinks were a homerun from day 1. Tilray bought out Hexo+Truss
Comment by
quinlash on May 24, 2024 3:09pm
Should clarify, I mean either acquire or partner with