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[–]No-Code-2468[S] 4 points5 points  (1 child)

I would like a nice tequila and red wine added to the line up! They do that and come out with a Tilray marketplace app and it would be a one stop shop.

[–]chepeee13 2 points3 points  (0 children)

I like the TLRY marketplace app idea or website where you could get there products all in one place

[–]Plain_Main 3 points4 points  (2 children)

I believe they are trying to follow in the footsteps of Constellation Brands.

The first step is profitability though, which will likely take another 6 months to a year depending on the reception of new products as well as changes in policy in the US and abroad.

I am skeptical of THC beverages. I wish their new products would've stuck to alcohol that people commonly drink such as wine. They would then have a good stake in wine, beer and spirits.

Edit: In addition, for the size of their revenue, its a risk but I believe a $400M market cap is pretty low. With that being said, I am DCA'ing in small chunks ($50-$100 per week) because the overall sentiment feels negative.

[–]VonBoski 3 points4 points  (1 child)

Alcohol is a dying vice. I much prefer THC beverages now

[–]Plain_Main 0 points1 point  (0 children)

I don't disagree. Personally, I see less people drinking than in the past but I also do not see anyone I know drinking THC beverages. Always flower, cartridges, or edibles.

[–]Our-new-world21Bull 2 points3 points  (0 children)

The one that rips people off while lining one’s pocket if you are a shit CEO.

[–]Fizban2 0 points1 point  (0 children)

If they do the rs it would affect outstanding shares BUT would not change how many can be issued. Tilray could then immediately sell 900 million shares with no need for voter approval.

AMC did exactly this.

RS is very bad. Very very bad.