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Too bad it's not "whataboutism" You continually fail to acknowledge Tilray paying down debt is at the consequence of shareholder equity. Fail to acknowledge that they can't generate cash on their own operations and have to fund working capital by diluting shares - a huge "red flag". Means the company can't stand on its own operations. But when it comes to other companies (particularly GTI) you point out that people should be cautious because Ben was born into money and his twitter engagement is unprofessional - despite being best of breed as you put it. Despite that they are producing massive amounts of cash in a illegal and difficult market (Tilray has yet to produce $1 in free cash flow despite operating in all legal markets) So again, its not "whataboutism" to continually point out that you will push false positives on an operationally horrible company like Tilray yet bring up stupid negatives on a strong operator like GTI. And yes I know you are going to make a comment now on "this is my opinion and I have the right to make it" and pretend like you are in the right
That's exactly where my mind was at as well. The only statement on this was during last Q's call. And my understanding was that it wasn't a definitive statement so much as a frustration vented. But I also tracked down the press release and saw that it doesn't include conference call details. The fact that this isn't even clear to informed investors underscores the concerns I have. The impression all this gives is very much antithetical to the reasons I invest in GTI in the first place.
I think all the things you said are adding to it, plus as geo said stopping the investor calls is a strange move that doesn't inspire confidence. But really we can go back and see the exact moment, and basically each one, when Ben started calling out the ETF and the massive sells from the ETF. It was literally as he complained about, a major risk to GTI.
10,000% agree. The bifurcation of their business warrants communication from the company. Going radio silent on it is peculiar. Cumulatively, it's a big red flag. As a long time investor, I am currently less confident in the GTI commons than maybe ever before. Despite a thriving business with a rock solid balance sheet and significant growth potential.
Backing out of my green position in Cresco. Going to try some dividends while we wait, may jump back in at some point in the future, but we got bleeding in the short term, and I am tired. Holding GTI and several other in the red.
Kbarbs have no fear, u/Many_Easy will be here shortly to explain GTI's troubled stock performance due to Ben Kovler being a nepo kid, his twitter decorum and a board resignation that happened 2+ years ago as the reasons. If only they dilute shares to pay down debt screwing over shareholders and produced no free cash flow like others they would see far better returns
Idk why more people don't care that they are just stopping doing investor calls. I'm an investor in GTI, but that is definitely a big red flag for me. I think a company that has started a parallel business in the market that competes with their primary market should be communicating extra with their shareholders, not less.
Ha, that's fair. I do believe the companies you pick matter. Financials absolutely matter, but their importance varies based on an investors strategy. Your rhetorical arguments envision holding through a drawdown. What volcker is saying relies on totally different context. He sees a precipitous decline if we don't get news by end of November. I agree with that, though I think the fall could initiate sooner. He is not willing to ride that wave down, and has made the decision to reduce/eliminate sector exposure. That makes sense if you agree with the premise that the sector is due for imminent decline. At that point, everything will take a severe haircut. I personally wouldn't doubt if we retest 52 week lows. Now, a company like GTI maybe sheds only 25% while a Verano loses 60%. That underscores the importance of what you hold. But only if you plan to hold. Volcker is saying he's not down to ride that out; it doesn't matter what he holds if his goal is to not ride put the drawdown. I think you got fixated on a very specific point and lost sight of the overall point he was making. I agree with his overall point, while at the same time agree that it matter what you hold if you plan to long a drawdown.
Me too haha; My average is $10.70 ish and I still think it’s an awesome decision for us both long term. This industry is big, and new entrants are blocked while some incumbents will fail. Just means GTI gets a bigger piece of market share in the future with no debt or tax risk.
Bought more GTI 🥳, bringing that average down 😁
I think a lot of people mis-apply "tone" to reddit comments as they read them in their own voice. They called me obtuse multiple times, ignored my points, and were saying stuff like "your precious GTI". I just continued making my arguments. But my tone was an issue? I'd much rather people focus on the arguments I'm making, rather than if I'm making them in the way they would most prefer.
I hear ya, but just for context, this was the original comment in the thread: > We’ve got a few positive catalysts in the next 3 weeks and then a hard deadline on 11/30, my plan is to further reduce my long exposure on upswings and put on a 1/26 short leg after ~$5.50 Sensible, in my opinion. Followed by attempts to bring it back to the original point: > No, I'm telling people that the music is about to stop in this sector unless you get rescheduling. It doesn't matter which one you pick because GTI will be dragged back down to hell with all the others. > "Exist" great, at what valuation? Their stock is going to get obliterated just like everything else in the sector because it all trades as one. > I would rather sell all my weedstocks instead of eating the haircut I don't think he was trying to argue financials don't matter, other than with respect to that up/down waves. But I don't even know why I'm involved in this. Just trying to peace keep.
If we get no news, financials will not matter. And honestly...GTI has underperformed the sector this week. Drops with MSOS, but doesn't rebound along with it. Fundamentals are not winning at the moment. Might they long term? Sure. Or you could exit at $7 and let the drawdown play out, like OP is actively doing. Gasp, how dare he?!?!
I'm just using GTI as an example. You can continue to use the word obtuse as much as you want, but I'm directly addressing the points you are making and you are the one changing your arguments and stuff. See you're again changing your argument to "weedstocks vs anther sector" when we were simply talking about whether financials matter between weedstocks. I can do this all day. Saying simply that "financials matter" is like the easiest possible argument to make when discussing investing.
I own only GTI. They pay their 280e taxes and owe nothing. If another year of 280e tax happens, they will pay it and still owe nothing.
I think financials are the main driver of valuations. That's why MedMen is bankrupt and GTI is worth billions. Keep investing without looking at financials and see how it works out. I'm probably one of the very few people here that is significantly in the green on my cannabis investments. However i shouldn't need to use that to make my point when I'm simply saying that financials matter lol It's like saying that vision doesn't matter for a race car driver. You know in general everyone is turning left, but if you have no visibility you're just as likely to hit a wall as you are to finish the race. Financials are your vision. Don't ignore them and hit a wall of debt.
And what would have happened if you chose AYR instead of GTI? You would have lost almost 100% of your money instead of whatever you could recoup with GTI. Financials matter so much when you are trying to pick the companies that are able to survive until reform.
Oh my god. You act like you’re new to GREEN THUMB. Pete Kadence soured me on your Darling GTI. All of these companies are bloated rip offs who are trying to rob from the shareholders to line board pockets. The Super Share structure and selling of elites, like Kadence with Green Thumb back in the day, are prime examples of the shenanigans allowed in this Wild West Cannabis Hoe Down.
Would you rather recoup 50% of your investment or 0% of your investment? Many of these companies are literal bankruptcies if we don't get reform. Others like GTI are not going bankrupt even if we don't get S3 anytime soon. Financials matter. It's absolutely absurd to suggest otherwise. Please continue though.
Ok...and for a better chance of your company surviving until rescheduling you need to look at financials, right? Otherwise you could've had all your money in AYR as opposed to GTI, and you'd have already lost everything before S3 happens. Telling people financials don't matter is awful advice. I hope you are actually looking at the financials of the companies you invest in.
No, I'm telling people that the music is about to stop in this sector unless you get rescheduling. It doesn't matter which one you pick because GTI will be dragged back down to hell with all the others.
So you invest in a company like GTI instead of AYR? Are you seriously advocating for people to not consider financials at all? The many companies that no longer exist demonstrate what terrible advice this is.
Google AI: [Green Thumb Industries (GTI)](https://investors.gtigrows.com/news-events/press-releases) has decided to **"take a pause in holding quarterly conference calls"** because management believes the current market, due to ongoing regulatory obstacles and lack of institutional investor support in the cannabis sector, is not focused on or recognizing the business's fundamentals quarter-to-quarter. CEO Ben Kovler explained the reasoning during the Q2 2025 earnings call, which was their last call for the foreseeable future: * **Focus on Long-Term Value:** The company is focused on long-term value creation, which they feel is at odds with the short-term, quarter-to-quarter focus of the current market. * **Lack of Institutional Interest:** The number of analysts participating in their calls had dropped significantly, from around 10-11 down to just 2-3, suggesting a general lack of wider investor support and interest in the sector's quarterly performance. * **Market Challenges:** The cannabis industry continues to face challenges such as federal illegality in the U.S., pricing compression, increased competition, and regulatory uncertainty, which obscure the company's underlying value in the market. GTI has stated they will return to hosting conference calls **"when the timing is right"**. In the meantime, they will continue to fully communicate their financial results through quarterly press releases, securities filings, and other announcements, and their team remains available for direct contact with analysts and investors.
So, is GTI really forgoing an investor call this Q? No mention of it in the press release. Anyone have insights?
Nice! Didn’t see anything on this. I imagine those 3 retail locations and grow facility will be at fire sale prices. Was looking forward to see what GTI picks up “on sale” in the next year. They’ve been really sitting on the cash, slowing down new retail store openings. No complaints, just hard to be patient to see what they’ve been looking at using that $$ for
Would do a lot to have an average like that haha I’m at $10.70 ish now for GTI so yeah I’ll keep on adding I still really hope reform happens as it’s been a long wait already but they’re safe
Fine by me. This drop has caused me to transfer some more cash into my brokerage account GTI under $7 yes please 🙏
GTI and TRUL about to fall off a cliff...
Glad to see GTI is looking at some M&A opportunities. Time to be greedy while others are fearful (or going bankrupt).
Agreed, most players in this sector arrived with the single goal of fleecing investors of their cash. Not GTI Many of the fore mentioned companies have since decided that they want to actually compete but the only way to fix their books is to… Fleece investors; reverse splits, dilution, pump schemes. whatever… Not GTI. They’ve got the goods
Selling GTI to buy beaten down companies for "torque" on reform is such a short sighted stupid way of thinking. Rescheduling will attract more investors into the space, some will be small time hedge funds/investment houses. They will all gravitate towards GTI because its the only cash printing machine with a rock solid balance sheet. That momentum will far outweigh short term pops others have above and beyond what GTI does. Add the fact that GTI is going on the offense with M&A (they are strongly looking at 4Front's IL cultivation facility and a few private operators) makes it even more stupid to sell the name that is clearly winning in the space
It's been a rough ride, but I'm happy to just keep holding my GTI shares.
Can it produce graphite cheaper than Graphjet Technology (GTI)?
Hey fellow :) you´ve Graphjet (GTI) pattented technology, with 99% purity and 100% recycled
While I like GTI a lot and they are my largest position, I don’t think they are trading at a steep discount lol what are the multiples? Where are you getting this steep discount from?
Compared to other MSO’s, GTI’s main competitor they are making the most progress and will do well in the space. First mover advantage, already in got deal with Target and Circle K, and rapidly expanding too many smaller stores throughout the nation. From what I seen, they have the best branding/advertising approach as that seems to be a neglected thing in this space so far. This will be like alcohol one day and Brands matter. Relevant side note the CEO Ben Kolver’s great Grand Father is the Founder of Jim Bean alcohol dating back to 1930. This is literally in his blood, to navigate a business just like this through a prohibition era. Obviously he has connections, expertise, and knows a thing or two about branding drinks.
> GTI will dominate the THC beverages space if Intoxicating hemp is untouched A bit presumptuous here. Why will they dominate relative to the many other branded cpg companies that will enter and/or are already operating in the space? I have significant investments in gti, but I'm not blindly assuming they have the magic sauce. > This is really interesting issue as it looks like there is way more support to ban Intoxicating hemp, then there is lobbying to keep it. Have you seen the list of bevcos and tobacco companies that recently registered to lobby this issue? It's extensive, and well heeled. I guarantee you their influence is far stronger than the AGs,especially with this Administration. Closing the loophole by formalizing a regulatory structure (e.g., age restrictions, testing standards, etc) is entirely possible still. If that happens, it could be the ultimate rug pull on MSOs. Best to recognize that potential for what it is rather than trumpet the most favorable narrative.
Yeah, haha - I think GTI will separate when institutional capital comes in but that will take time. Even if 280E was forgiven (assume unlikely) for past years. Debt is killing so many of the operators - the interest rate is going to tear them down. I see the case for GTI, Trulieve, and Cresco - don’t see it for others.
Literally couldn’t agree more on the topic of GTI. Another thing I find super interesting, is that compared to its peers GTI is trading at discount to relative to its peers. With the only exception being Verano, GTI is the most undervalued MSO. Verano is undervalued for good reason, there finances are a mess and if reform doesn’t happen soon they are in trouble. I personally would have thought GTI should be trading at the highest premium, for best performance and balance sheet by a long run and a safe place to park your capital. Apparently the market favors crippling debt and expansion over actual profits. But then we have GLASF that is the most overvalued MSO because they have a good balance sheet. Make it make sense lol It’s fine the market will catch up one day. I have never been more confident about this sector than I am now.
Win win tends to sum it up for GTI haha - 1. Already paying 280E - so assuming no forgiveness their earnings pump and others work change. If forgiveness they get a massive refund and others just lose a liability. 2. No reform - win as debt is manageable, profitable, and revenue growth even with price compression. With reform - has the cash to immediately invest and expand, others still have debt. Safest name in the space. I thought some more firm direction on rescheduling would have come by now. And yeah; it’s feasible it could come by year end… But let’s face it, so many of us have been so wrong on timelines. So if it drags on; they’re the company to be in.
To hone in my own personal investment of 100% GTI. I love all this news. GTI will dominate the THC beverages space if Intoxicating hemp is untouched, or they will benefit massively along with other cannabis companies if it is banned. Win-Win either way for GTI. I think this was by design. GTI is had brought massive attention to this and acting much bolder then the Hempsters have been. They have a massive advertising campaign for their THC beverages they are selling. We are seeing Massive Billboards in major Highways and Cities with GTI’s THC drinks, it’s becoming something you can’t ignore. It’s transforming from just shady vape shop pop ups that sell this stuff, “if you know , you know”. To a nationwide shift of advertising, branding, becoming available at major retailers, normalization. Point is it’s becoming too big to ignore. Scary times to be a Hempster, GTI is positioned to Win no matter the outcome.
I got a nice roll on GTI, sell right at the top and got back in it. We'll see if the low of the ranges for MSOs holds this week, or peels off and breaks lower. Now, let's give that MSOS jingle another go!
I added 407 shares of GTI today haha… Gotta lower my average 😂…sitting on average of $10.60 ish right now The wait for the long term play continues
I added a couple legs of GTI too, I had lightened up early in the week after it was peeling off and wanted to put those legs back on, but a stop below recent lows to see if this monthly chart range we're in holds and they pop back up a bit.
They could. There is a lot of shares available to short too (on GTI and Trulieve), and there’s a possibility of a secondary offering as I believe must of these companies have filed shelf registrations probably for that very reason the stocks could pop. I wouldn’t say massive 3-5 moves in a month wouldn’t be out of the realm of impossible given how everything trades like a meme stock. How many AI companies have gone up 4-800% in a few months? Loads of em….
I'm long GTI, CRON and SNDL. Though I plan to cut the majority of those positions when/if we get tangible reform progress. Came into this sector as a naive newbie dedicated to the power of the long hold. But a lot of hard knocks have taught me that this ain't the sector for that sort of strategy. So I now trade it for what it is.
I’m having a serious Deja vue moment. I lightened up some trading legs that hadn’t worked out (a small roll on ACB and GTI). I still have a massive chunk of longterm GTI capital set aside, but I don’t think earnings are going to propel these stocks higher; I think they could slide back downward if we don’t see any movement on s3 (which is looking less and less likely).
True but remember: Markets are bipolar TLRY all time high was $300-ish a share I don’t drink soda, I prefer water, but I consume a ton of GTI products
Stop thinking about share price. Market cap is all that matters. Double check my quick math here: **SAM at $1200 is approximately equal to GTI at $60.** SAM at $1200 is about $13B market cap. GTI at $60 is about $13B market cap. GTI at $1200 is about $275B market cap. **GTI at $1200 would make them similar in value to Coca-Cola.**
It seems as if GTI is trying to mirror SAM, which is a very good thing. SAM was $1,200ish a share for quite a while. I would love to get $1200 a share for my GTI. Crazy? Impossible? Probably, but I can dream.
This is where it is extremely extremely important to understand market cap. GTI is around $7 a share. SAM is around $220 a share. However GTI and SAM are much more similar to each other when you actually look at market caps. GTI is around $1.7B market cap. SAM is around $2.4B market cap.
Amazing fundamental too. If someone said compare GTI to a company outside of this sector I’d say SAM. And they’re trading at $236 a share last check
Hopefully post reform bread brother 🫡 GTI has got it all going on, being OTC and no reform just kills overall investment
Still here , Still Bullish, just being patient. It will happen and we will make boat load of money. Though theres not much to talk about and other exciting things are going on. Up 1500% on BYND in 2 days. By the way mods deleted my post for some reason. Circle K is rolling out THC drinks in 900 Florida stores, GTI/RYM is one of those branda
Fair assessment all around. I’m only in GTI right now to mitigate downside risk in an already risky sector after getting destroyed after the election last year. Hopefully we finally have some good news though
Interesting. Appreciate the suggestion. I'll give it a look. Like BHOmber, I'm not willing to touch 90% of this sector, in my case even for a couple of days. I'll only touch the few companies that I currently believe won't chew me up over the longer term. That short list includes GTI, CRON, and SNDL. I'm currently breaking my rule for RYM and MSOS but both will hopefully be short term trades. I haven't looked into ACB for a very long time, though. I feel like I caught wind of an improved balance sheet. That true? I'd love to get your
Man...ugh. I also harbor dreams of selling calls on GTI. Thought I'd be doing that many years ago. But like you, I fear we may still be years away from that. My options are mostly limited to SNDL, and a bit of CRON. Though the latter doesn't usually offer enough juice. I do have an MSOS position at the moment, strictly as a trade that I hope to be fully out of sooner than later. I hate holding MSOS and try really hard not to do so.
I dumped my ACB tradeable chunk as I didn't want to hold it as it looks like we're heading back downward. I hope things peel off hard so I can rebuy the GTI I sold in the mid 12s, but we'll see....now that MSOS closed where it did, it might easily fall back to the low 4s. Keep your positions appropriate for your size and risk tolerance and take advantage of some of the rolls/chop, as it's there. Have a good weekend everyone!
Damn thanks. I have a schwab (for personal) and fidelity (for work 401k) I bought some GTI in fidelity just to see if I could and it wasn't a problem. I've been thinking about just moving everything in my schwab account to fidelity just for simplicity sake.
States regulations shut the down the plan, GTI and Circle K still wanted to do it.
Whatever happened to their partnership.with GTI in Florida? It wouldn't surprise me that they chose RYM, as there has to be some high level people in the Circle K org aware of and in touch with GTI people still.
A small thing I noticed when re-reading the article I posted this morning, regarding Circle K doing a presentation on hemp beverages at the convenience store association event. In the photo, you can see [the slide behind the presenter from Circle K](https://www.cspdailynews.com/cbdhemp/hemp-thc-retailers-suppliers-must-collaborate) that is demonstrating several types of hemp beverage products. For the most popular form of RTD (ready-to-drink) you can see they chose to use [RYM's new beverage](https://rythmdrinks.com/). Not really a big deal, but there are more established brands they could have chosen. I think it is a small piece of evidence that the relationship with Circle K that GTI has had for a while has put RYM in a position to benefit going forward. Also it's probably just good exposure for RYM to have their product displayed in front of all the convenience store association members, as some are surely considering which brands to add to their coolers.
I wasn't coming at you above. My reply was offered as a counterbalance to your take. That said, any comment that begins with *"Fucking hilarious that ppl..." is usually pretty textbook hating on. > let’s not pretend that it’s not just luck. Absolutely. No one can predict the market. But a healthy mix of preparation, discipline and opportunity can greatly enhance your overall "luck" in trading. It's over the longer term that the picture gets fuzzy, diminishing the odds of "luck" in my opinion. > I had a sell order in on GTI today and it filled on that spike and I bought back in lower, but it’s just luck. Same. But I really don't think that's luck. GTI's been locked in an 8 to 9 dollar range for weeks now, with brief tests that have been rejected in both directions many times over. Conservative chip shots within that range seem more like calculates opportunity than luck at this point. Inherent is the need to risk adjust, take and protect profits, etc.
I’m not hating on it. Holding and calling yourself “long” is not effective. It’s great to be able to execute a swing, but let’s not pretend that it’s not just luck. I had a sell order in on GTI today and it filled on that spike and I bought back in lower, but it’s just luck. It’s probably just gonna go lower again, as I suspect these spikes are larger short positions being opened.
Those market dynamics make for a good trade environment, though. Not sure why you're proactively ghating on a winning strategy. In the last 24 hours alone, I've flipped some GTI and RYM for 10-15% returns on buys I made last week. My swing trades over the past couple months have reduced the effective cost basis of my core positions to very low price points, meaning I'm basically risk free on most of cannafolio right now. I fail to see how long holds with no active trade activity is less risky....
Trump will be in Malaysia next week. Will those at GTI pitch an unlimited supply of cheapest graphite and graphene to the US?
I use both as well. Long GTI, CRON and SNDL, and trade around them. And then swing only on MSOS.
Missed out on my GTI leg, it feels like the last week or so things have been in a tight range - ready to coil. Sitting on my hands for now...if something actually takes place we'll see a quick and sudden pop with no chance of buying/getting back in, be careful about setting sell orders on stuff that who might not want to really sell at....
I’ve come to a good place of acceptance on the timeline 😀 Believe it’s going to happen, no clue when or what process will be taken. And as a GTI holder I don’t mind how long it takes, can slowly average in a bit more.
If you’re into speculative tech take a look into SunHydrogen $HYSR They have recently announced project goals with big names in the energy sector like GTI Energy and will be at the global hydrogen expo next week. I’m no analyst so don’t ask about price targets from me, I just think it’s some cool tech with potential
Lol don't judge yourself day by day but by a longer horizon. GTI is my largest holding because I am a chicken and want to buy a safe company. When schedule 3 occurs it will pop. When Florida Rec passes...it will pop.
I bought GTI yesterday instead of Trulieve, and yes, it dipped eod, but I'm feeling good about the transaction.
I bought a 2017GTI a couple weeks ago and it’s literally the most perfect car you can buy
I believe this is a very real possibility. There’s few PE firms that would look at it but those that are OK with doing deals in this industry should for certain be sharpening their pencils at the thought of a take private for GTI. Their stake in RYM helps give access to public capital if needed and I’m not really sure the benefit of GTI staying publicly traded. There is a chance they’d need access to public capital but they’ve don’t just done without it. I wouldn’t be surprised if that happened and i would be very surprised if there isn’t private equity salivating over this take private deal already. The longer there is no reform, the more likely it is to happen.
Meanwhile GTI went up 45% yesterday
GTI - claimed to produce the world's cheapest graphite and graphene with plans to start manufacturing in Nevada. SWAN - with multiple patents on graphene manufacturing and delivering.
GTI finally moved with the graphite theme. No positive news yet from the company. https://preview.redd.it/mmaja6osdzuf1.jpeg?width=1220&format=pjpg&auto=webp&s=0ba6c38b34be37ac2152b15f6b91fd64eed44603
None of these - check GTI, shows some real potential in my opinion
Tilray sucks, cresco and GTI is best co.
Target soft launching THC beverages in Minnesota in a select few stores. Senorita (GTI/RYM) is the only publicly traded cannabis company that has a product on the shelf. Target is about to sell a Schedule 1 substance under a loop hole - make it make sense.
Those Florida assets should be considered by GTI
> I likely got to drive a larger/nicer car I am driving a GTI.
GTI is profitable in the current S1 environment, so it's the safest play. They also have a potential fast track to the Nasdaq and the liquidity that comes with it through their interest in RYM. But primarily, I don't believe S3 has any meaningful effect on LPs beyond the meme aspect, which can be huge for a time. As much as I hate tilray as a company, they will run with an S3 announcement, and as long as you're not too greedy and don't have dillusions of grandeur on their potential SP you should make some $$.
Tilray's operations are all legal (Hemp drinks may be a grey area), while GTI operations are federally illegal and contingent on state-by-state regulations. I'm not arguing that this makes Tilray inherently better investment, but there is a fair amount of unknown risk involved with MSOs at the moment, in my opinion.
I’m pretty deep in both sides of the border with bags in Tilray, other LPs and MSOs and ETFs. But yes I’m selling most or all of my LPs shares 3-6 months post rescheduling, selling all of my MSOS , and will hold onto some TRU, GTI, Cresco, maybe a few other MSOs that survive longer term for uplisting. Also have calls expiring in Jan 26 and Jan 27 to dump within a few weeks of rescheduling.
> You can’t even answer what cherry picked data you are comparing current results to. I don't even know what this means, nothing is cherry picked. broad strokes GTI has out classed TLRY for years in all metrics.
> Not sure what you’re comparing to. Um the financials? The market cap? The growth? The share count/use of shares? There is basically no reason TLRY should get a premium over GTI other than OTC bullshit.
> Net revenue increased 5% to $209.5 million in the first quarter compared to $200.0 million. > > Gross profit was $57.5 million in the first quarter compared to $59.7 million. > > Gross margin was 27% in the first quarter compared to 30%. > > Cannabis net revenue increased 5% to $64.5 million in the first quarter compared to $61.2 million. > > Cannabis gross profit was $23.3 million in the first quarter compared to $24.2 million. > > Cannabis gross margin was 36% in the first quarter compared to 40%. > > Beverage net revenue was $55.7 million in the first quarter compared to $56.0 million. > > Beverage gross profit was $21.3 million in the first quarter compared to $22.9 million. > > Beverage gross margin was 38% in the first quarter compared to 41%. > > Wellness net revenue increased to $15.2 million in the first quarter compared to $14.8 million. > > Wellness gross margin was 32% in the first quarter and was unchanged. > > Distribution net revenue was $74.0 million in the first quarter compared to $68.1 million. > > Distribution gross margin was 11% in the first quarter compared to 12%. > Grats to the bulls but I really just don't understand investors. How did this report give such a massive boost in volume and sp. Falling revs and margin in almost every segment except for the weakest margin segment. Just because TLRY didn't lose tens of millions or write off billions for once its suddenly worth more than GTI? This sector just constantly proves that the OTC is absolute trash. The volume on TLRY for this mediocre report is absolutely insane after an already insane run on absolutely nothing.
Anyone here in on SunHydrogen (HYSR) and have opinions on it one way or another? I’ve been in with a modest position for a while now and recently they have announced collaborations with some pretty big names (I.e. GTI Energy). Seems like they could start picking up steam when presenting at the World Hydrogen Expo in Germany at the end of the month.
I mean you could see something like when aphria bought tilray but kept the tilray name, but I think that would only happen if it allowed GTI to effectively uplist ahead of other MSOs.
No? GTI owns RYM, its by design, its a 2 company system for strategic setup. Some financial guys have massive articles about it on substack to explain it, its somewhat complex
Comon GTI break 9$ you can do it buddy
GTI + RYM combo today. Will take it
Why would Dan be bitter about GTI? Please elaborate...
Man, Dan is bitter about GTI. It's his #3 holding, and he won't mention it.
Man GTI getting the capital back that they already payed would be insanely nice
I mean if you lost money on GTI you would have lose even more in the other names
I’m keeping all of my current positions but I only accumulate GTI It’s my #1 holding and I feel pretty good about that
Yeah you can sleep well at night holding GTI. Of course we are all here for reform, but its the one company that will be fine no matter how long we have to wait.