On the call, we will discuss the following topics:
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Sales for July were up slightly to $317 Million, 2.8% higher than June. But, overall, growth in Canada is slowing significantly.
- We have again revised our forecast slightly to $3.8 Billion compared to our old forecast of $3.85 Billion for 2021 total revenues.
- Flower prices hit an all-time low in Canada at $29.60 for 1/8th. Although Tilray CEO believes consumer preferences will change to more premium branded flower, we will discuss the current implications of these record-low flower prices.
- We will discuss the future of TLRY, its failing performance in CA, and its hopes of entering the US market.
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