Post by
quinlash on Nov 20, 2024 8:02pm
The HEXO deal was years ago
The VALUE of the deal was based on the price that Tilray shares were trading for back in 2021. Regardless what your view of the deal is it's all incorporated into the TLRY financial reports now, and has been for a long time.
Tilray has been paying down debt and gaining in revenue. The HEXO cannabis products and their award winning Truss Beverages contribute to these improvements in the financials.
As per the most recent QTR report the company is merely 10 cents per share off from turning EPS positive. The company has released a large number of new products this year and those products are going to contribute to incremental revenues again this QTR report coming up.
Tilray also increased their production of cannabis in Germany, entered into Australia and released hemp drinks into the US. These changes will also contribute to higher sales and additional net revenue.
The haters on this forum know this as well, they bash to convince others to sell so they can cover their short positions.
To those considering selling at a loss... YOUR LOSS BECOMES THEIR PROFIT and they will raise a glass to toast their profits and the money you lost.
Want to make a short happy - Sell at a loss
Research how a Short position differs from a Long Position. Bashers are easier to understand once you grasp MOTIVE.
Best Regards
Q
- Long on TLRY
Comment by
DuDliedingle on Nov 21, 2024 11:49am
Wanna give us a guesstimate on how much increased revenue those things will produce in the next quarter.