Becker Private Equity & Business Podcast
Tilray Brands & the Cannabis Industry 2-25-25
Tue, 25 Feb 2025
In this episode, Scott Becker discusses the ongoing struggles of the cannabis industry, from regulatory hurdles to banking challenges and competition from the illegal market.
Chapter 1: What are the current struggles in the cannabis industry?
This is Scott Becker with the Becker Private Equity and Business Podcast. I am thrilled again to be recording today with Chanel Bunker, our producer, the best in the business. Can't tell you each day how thankful I am for Chanel and her leadership and her responsiveness. An amazing, amazing professional. Well, today's discussion is Tilray Brands and the cannabis industry.
Chapter 2: What regulatory challenges does the cannabis industry face?
Chapter 3: How does the illegal market affect legal cannabis businesses?
And it seems like no matter what happens in the cannabis industry, they can't seem to quite get it right. They've got lots of federal regulations to challenge, not still approved for federal sort of distribution, but approved by lots of states. So still sort of this cash and debit card business, also very hard to bank, also still getting killed by the illegal market, not the legal market.
And so for a lot of those reasons, the cannabis business continues digging in the chin. Tilray Brands, which is one of the leading brands in the business, down 28% year to date. And that seems to be sort of core for the area. The cannabis business seems to still be taking it on the chin. So that's the story of the session today. Cannabis can't win.
Thank you for listening to the Becker Private Equity and Business Podcast.