Post by
quinlash on Sep 15, 2024 11:52am
TLRY continues Ramping Net
The last two QTR reports were record highs for net sales. In both the company made notable progress in reducing it's debt. The company has yet to achieve EPS positive and shares trade at a 50% discount it book value.
TLRY has already purchased 8 breweries and turned them around to profitable operations. These, plus the additional 4 breweries they picked up will continue to add to sales growth while providing the operation with multiple revenue streams in addition to their cannabis products.
I've been reading cannabis stocks for 10+ years now and, speaking canditly, I'm much more comfortable in TLRY (as a cannabis position) knowing that they have the alchole sales growing and progressing the operation regardless of what develops or what may be delayed in terms of legalization within the United States.
TLRY is growing it's international cannabis sales. I sincerely believe this is being grossly overlooked by many.
I am not promoting this stock but suggesting everyone research it. Regardless if you are holding or not.
www.Tilray.com
Best Regards
Q
- Long on TLRY
Comment by
quinlash on Sep 15, 2024 12:12pm
Spell check hates me. Should read "been investing in Cannabis for 10+ years"