Report
Nikolaas Faes

Tilray: Underwhelming Q3 results overshadowed by doubtful Hexo acquisition

Tilray published underwhelming Q3 results with revenue rising sequentially 1% to USD 145.6m (of which 33% or USD 47.5m from cannabis, down 5% sequentially), underlying gross margin being more or less stable and on the positive side decreasing operating expenses. Nevertheless, Tilray continues to lo
Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Nikolaas Faes

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