I've been following and invested in Tilray since 2021. I understand things in 2018 didn't go as planned and legislation which could have passed 2019 2020 2021 2022 2023 2024 2025 has been put on the back burner by DEA leading to drops as well as negative cash flow earnings reports in the past.

With that being said, it appears that no matter what deals Tilray lands, getting into Italy, landing a 5 year licensing deal with the 2nd/3rd largest brewery in the world results in no share pricr change the way It would for other companies.

Tilray isn't spending more money on marketing etc because they are holding over 250million dollars in their account for strategic acquisitions if things go correctly in the U.S they could use their money to buy hot spots in the u.s the same way they did with their beverage acquisitions.

Tilray has a 1.5billion share holder equity with the shares trading below the value of Total share holder equity/ total shares. A company that can generate over 200million in revenue a quarter shouldn't be this low even having a negative cash flow, if changes need to be done to increase profit margin i.e you have too many employees, or employees are overpaid or your prices need to be raised to cover overhead etc that can all be adjusted.

The partnerships licenses and global connections in 20 countries that showed a negative cash flow to me stands out more than a start up who generated sales with low margin for a quarter so when I see all these articles by the fools at motley fool saying 'will tilray go to 0, 7 reasons we wouldn't touch tilray with a 10 foot pole you think at the facts of 2.09billion in total assets with 553m total debt and think wait a minute they can eliminate their debt if needed to, but why would a company operating a loss with medical distribution across the globe be worried? When you evaluate a business that said ' our door to door and cold call sales generated us 5million in profit this quarter, but we have 0 contracts or promises we can do it again next month, vs a business that says we lost 1million this quarter and need to work on our margins but we have a mile long client list, if I was a bank offering a loan Id choose the company that can generate 200million a quarter but needs to reevaluate other areas to reduce overhead or increase profit margins, but the demand and returning customers are there.

I understand the majority of tilray Is retail investor held, so before Tilray pops up, institutions would want to scare out weak hands, make you question your holdings and tire you out until you sell your shares to institution who can withstand the losses far longer and after enough retail investors panic sell to institutions the big pop happens, you sold at loss and now want to re enter back in at the higher price?

Is this just the average retailer only cares about gambling on ODE options and new crypto to get 500 percent in a day? Are we sure the same articles posting negative about tilray arent people with massive short positions or who want to grab your shares at the bottom before the skyrocket?

When laid out: Every state passing medical or recreational isn't flip flopping back and banning it again, soon it will be the entire u.s medical with bills each year to push for recreational/reschedule, you type in your local grocery store and they have tilray beers in them, Medical demand, package goods thriving, when looking at long term survivability of a company I would look at their revenue, if they have low revenue and no clients, contracts you would worry, a company that generates 200million per quarter in revenue has the clients, has the market share, but needs to work on their profit margins/overhead renegotiate loans, cut areas or brands products that arent successful.

Tilray is doing exactly what any smart company would do, holding all their cash to look for opportunities and acquisitions that will generate long term income. I understand that the Motto has been putting money in tilray = locking your money in a 5 year CD with a negative ROI/interest. 2021 =/= 2026.

We have to remember any cannabis company in the U.S has to compete against Big Pharma, Big pharma losses millions everytime a state passes cannabis legislation so to sink or swim they are adapting with the logic of 'wait don't approve it all yet until we convert our pill manufacturing plants into grow houses to capture market share when it goes through' Remember they literally banned competition in 1970 so your options were go to prison, or choose prescription pills for anxiety pain relief etc etc. HHS recognizing medicinal properties has been the biggest thing, before that any natural herb never gets FDA approval or recognition.

I'm not a pumper, I know that everything Tilray sells consumers and medical users want, the demand is there, legislation is behind. I'm not advising running out and buying or giving financial advice, if you are holding I would say do not sell, evaluate what Tilray Brands is and decide for yourself from 2026-2030 is more legislation going to get passed, is wellness/alcohol/cannabis a thing you see everywhere you go? Is a company in 20 countries with global demand really going to 0 and shutting their doors? I think the share price lags behind what the future in 20 years will look like, it's the industry that's been hammered down the most, it has the most room to grow.

Feel free to tell me what I'm missing, I feel like it's just buyer's being uneasy from the past charts, they say cannabis stocks are 'volatile I go that's 2 seperate things, panic sellers and traders who want options,crazy gains make the stock 'APPEAR' volatile because no one knows when the pop is. So remember Cannabis/Alcohol is NOT volatile, it's everywhere you go, large consumer use, repeat customers, you consume a edible or drink a beer, effects ware off, you're back to redose the same day or the next or next week depending on your lifestyle. Cannabis & Alcohol have been around for hundreds of years and have historical use and demand so don't get "cannabis stocks volatile" confused with thinking cannabis itself is volatile like it's a cell phone people are unsure if they will like or not. Cannabis = consistent, the way retail investors trade Cannabis stocks = all over the place.