Tilray Brands Inc TLRY

Simon WTF?

[Tradinghands]

I guess the money in Simon's pocket is burning a hole so this will limit funds available for US expansion, why can't you make Tilray profitable first and aren't there a load of craft breweries closing and claiming bankruptcy with this generation moving away from drinking.  PROFITABILITY should be the first thing and that means NO ATM, but now if the US opens its door Tilray will have to borrow more because Simon is on a spending spree that won't payoff for years!! I'm not impressed with this move!  time to rethink Tilray.


Tilray to Acquire Craft Beer Brands from Molson Coors (msn.com)

[Coloradobuff]

I don't get this either. They should be saving the money for us assets in the cannbis space 

[ReeferMadness38]

It's probably to do with the distribution side of things, mainly Texas and Michigan I'm going to wait to see what they paid and how  This is more high margin beverage for them and sets up distribution for hemp beverages  Texas was already slated for hemp beverage later this year  Molson Coors is also losing US market share and is prioritizing their core beers and a strategy