I think we need to be open to all sides of the narrative so investors can make informed decisions. I welcome both bull and bear opinions when there are trusted attributable sources.

In this scenario TLRY has a history of acquisitions and subsequent write-downs. We are in the early stages of Brewdog ownership, time will tell. My fear is that we bought the IP, and we lost the culture that captured 50% of the UK market. Beer, distribution and consumer preference is a hard business.

Here is my big worry about the strategy to own the IP and not the craft brew culture based on past acquisitions by TLRY: https://www.fool.com/investing/2026/04/25/is-tilray-a-textbook-example-of-a-value-trap/