Anyone else hear Tilray is going bankrupt?

oddish

Well-Known Member
They didn't make anywhere near that much. That sounds more like Privateer Holdings revenue.
Tilray has more issues than you can shake a stick at, including an excess supply of product, HA, imperfect grows, etc.
Downsizing staff makes perfect sense because, from what I'm hearing all over the place, they have enough supply that they don't need to expand their grows at the moment.

They are no longer selling out the back door, but they were before. The weekly HC visits put a stop to that.
 

gb123

Well-Known Member
T

They are no longer selling out the back door, but they were before. The weekly HC visits put a stop to that.

Not that it would be an incarcerating offense........... but business is business no matter who's minding the mint.
 

cannadan

Well-Known Member
I would like to think they are going under...but I highly doubt it.....
they are removing payroll costs...during a patient lull....
 

oddish

Well-Known Member
They grew 140kg in April.
Average order of 1.5 grams / day / patient (the average includes people that only use a gram a week or only order once or twice - don't give me shit)

That's 93,333 patient "days" they can supply. Let's say they got 3000 patients, that's a 1 month supply.
They should be able to do that harvest every 2 months based on what I understand of their setup, so that means in all reality, assuming it all passed inspection, they could supply 1500 patients on just their first setup.

I don't think they have 1500 active patients at all, so they probably have a massive surplus of product.

Feel free to check my math, I'm only on my 3rd coffee.
 

OLD MOTHER SATIVA

Well-Known Member
and in my opinion most all of the still legal MMAR patients would not buy from an LP if they lost their licenses....

if it was legal ..yes some the lps would be able to float
 

The Hippy

Well-Known Member
If we loose the case it will be so we can all be channeled into the greedy hands of these failing LP's
I hope the judge doesn't receive any prodding by harptler and his SS Gastapo
I will NEVER buy LP weed unless it goes legal and I can shop anywhere for it like other products...otherwise...fuck any LP
I hope they loose millions.
 

medcann

Well-Known Member
Haha! Hand over fist?

These places are all losing money, their electric bills alone are hundreds of thousands a month. Tilray can't grow, they lost all their patients when they ran out of weed, they have no sales!

Why do you think Bedrocan just threw in the towel? None of them are making money. If you think companies who are doing well lay off 2/3rds of their staff, you might be a Harper voter. Your grasp of economics would be perfect in his cabinet.
I think Bedrocan "threw in the towel" to make a shit load of money.
There's a difference between a company making or losing money and some individual share holders who come out laughing all the way...
 

The Hippy

Well-Known Member
I think Bedrocan "threw in the towel" to make a shit load of money.
There's a difference between a company making or losing money and some individual share holders who come out laughing all the way...
Filthy pigs...all of em...glad I have never participated in their greedy schemes.
I saw all this failure before they started and I'm only a Hippy with my grade 8 diploma....how come their all so stupid ?
 

bcbreeder

Well-Known Member
Who knows maybe phat phil at tilray does the old diplomatic courier trick
And drives loads to vic to dump on the compassion clubs that dont have to pass q.a.
 

Gmack420

Well-Known Member
Who knows maybe phat phil at tilray does the old diplomatic courier trick
And drives loads to vic to dump on the compassion clubs that dont have to pass q.a.
What makes you think they wouldn't just sell it on th bm? I'd think lp's would want to avoid supplying cc's.
 

The Hippy

Well-Known Member
If it's slimey..the LP's are doing it i'm quite certain....band of criminals greed bags.....masquerading as legit businesses. Propped up by a Gov. that see's sick folks as easy money. Didn't work with me. BOYCOTT the enemy
NEVER buy LP schwagg
 

oddish

Well-Known Member
It's not that easy to get it out of the facility now.
Security cameras cover all entrances to the building and anywhere it's stored.
If product needs to be destroyed the SOP states that it must be disposed of on site at the moment and must be done according to SOP.

Obviously there's ways to bypass this, but those under scrutiny have to account for everything that comes off the plant properly.
If they're cheating the system, numerous people at different levels of the company would all have to know about it.
 

The Hippy

Well-Known Member
Weasels often share the same den....hey if you need money.....insider shit is easy when it's the insiders controlling it all.
That's a guarantee....that goes on everywhere...employee's know how to circumvent everything.
What do they do with all the resin they accumulate while trimming these plants....eh...eh....scissor goo is very very nice
I bet balls of that go home everyday....
 
Top