Tilray CEO Sees Canada Profit in the 'Next Quarter or Two'

Tilray CEO Sees Canada Profit in the 'Next Quarter or Two'

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a company's milestone in obtaining a production license in Portugal, enabling exports within the EU. It highlights cost benefits of manufacturing in Portugal, such as lower shipping and labor costs. The company plans to expand its market presence in Europe and address concerns about its share price and profitability. The CEO emphasizes a long-term growth strategy, expecting increased revenues and profit margins as more countries legalize cannabis.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What milestone did the company achieve in Portugal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many employees has the company ramped up to in Portugal?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's strategy regarding exports from Portugal?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected benefits of manufacturing in Portugal compared to Canada?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's perspective on profitability in different regions?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to manage global revenue growth?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the first mover advantage mentioned by the CEO?

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