Post by
Keeler on Jul 24, 2024 7:05pm
I see that the asking price for the vacant
Fort Collins, CO quonset has dropped to $5,250,000 from the original asking price of $7 million.
The quonset was never used - Hexo bought it for $7 million USD - forfeited it to Tilray when they defaulted on a payment (prior to the acquisition).
Hexo had it for sale, Tilray's been trying to sell it for two years - the amount of money thatw as just thrown out the window by some the CEO clowns a few years ago is mind boggling.
But$7 million is nothing compared to Simple Simon buying $225 million of Medmen debt - that Tilray will get ZERO for in return.
Comment by
DuDliedingle on Jul 25, 2024 9:58am
Some farmer will eventually buy it to put his equipment in. Maybe not for that price.