Why Tilray Is Acquiring Anheuser Busch Brands - Trade to Black

Welcome to our latest Trade to Black podcast where we discussed the surprising announcement from Tilray acquiring Anheuser Busch Brands, the largest brewery in America. Will infused beverages become the future market successor of the cannabis industry?

We also dive into Q2 earnings report of Verano at $230m with 49% revenue and lower EBITDA despite the company’s double tax liability and debts. We discuss how this looks from an investor’s point of view, and this financial report will set off the market to rise again.

We also talk about Cronos Q2 earnings and why the company is saving its $841m free cash. Does having a huge cash position reflect a healthy company long-term or is the company wasting investment opportunities?

Here’s the latest.

Timestamps:

0:00 - 3:45 Will Tilray’s Infused-Drinks Work?
3:43 - 5:54 Is Beverage Industry The Future of Cannabis?
5:55 - 7:05 Is Alcohol Consumption Going Down?
7:06 - 9:37 Verano’s Good Q2 Earnings!
9:38 - 10:41  What Is Double Tax Liability?
10:42 - 11:42 Verano’s Debt and Liabilities
11:43 - 14:14 Top States With Rising Cannabis Market
14:15 - 15:54 Cronos’s $841m Cash Position
15:55 - 18:47 Excessive Cash Position Doesn’t Help

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Written by Shadd Dales

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