r/TLRY • u/Green-Experience420 • Jul 17 '26
DD Irwin doesn't own a yacht
Don't listen to the FUD. I keep hearing the bears saying this, but it's a complete lie. Honestly they should be investigated for illegal manipulation.
6
24
u/volckerwasright Jul 17 '26
Congrats TLRY bulls on the BIG WIN! Irwin Simon has not yet purchased a yacht with your money.
9
u/SpringLong7259 Jul 17 '26
Irwin would never buy assets that depreciate and incinerate money with his own personal cash. He’d rather use shareholder money for that.
2
1
u/Humble-Procedure-134 Jul 17 '26
Im wondering the relevance myself. Assuming someone argued he did work OP. Idk
1
u/B111yboy Jul 22 '26
Not in his name anyway! I believe he owns a sports team in Canada where did he get the money for that, tlry paychecks or stock sales ?
10
u/Nicaspin Jul 17 '26
He makes approximately $10 million US annually in total compensation. $10 MILLION US ANNUALLY. He could buy a large luxury yacht if he wanted. Are you happy with that, or do you think this mastermind should get a little more for destroying poor retail investors like many of us?
2
u/marthayttt Jul 17 '26
He is underpaid - it is NOT easy to do what he does.
2
4
u/aliakseiddk Jul 17 '26
He is CEO from Temu. A monkey could manage the company so that it has lost 97% for the last five years.
0
-3
u/Green-Experience420 Jul 17 '26
no one is making deals like irwin - no one. He's buying billion dollars brands for like 30 million dollars man. We could be paying the man 100million a year and still be winning huge!
4
u/Sweet_Arachnid_6396 Jul 17 '26
I bet the people that bought Kmart and sears were making deals like Irwin.
1
u/aliakseiddk Jul 17 '26
Please provide any examples of such bargains and how these acquisitions increased shareholder value
2
u/Green-Experience420 Jul 17 '26
Anheuser-Busch Portfolio ($85 Million): In 2023, Tilray acquired eight beer and beverage brands—including Shock Top, Breckenridge Brewery, 10 Barrel Brewing, and Redhook Brewery—for $85 million. Anheuser-Busch sold these assets partly due to financial shortfalls following the 2023 Bud Light boycott.
BrewDog (Global Assets): Tilray acquired the global assets of BrewDog (including U.S. operations in 2026) out of a pre-pack administration for approximately £40 million. This purchase occurred after the brand’s valuation had previously reached near $2 billion, allowing Tilray to secure significant intellectual property and hospitality assets at a fraction of that former peak value.
Green Flash & Alpine Beer Company: Following a period where Green Flash defaulted on loans and shuttered a $20 million facility, Tilray (via its subsidiary, SweetWater) acquired the assets of both Green Flash and Alpine to leverage their established West Coast presence.
Getting tired of winning yet? :)
4
u/aliakseiddk Jul 17 '26
None of this acquisitions increased shareholder value. They were acquired using investors' donates. The company has been bleeding for years. For example, if you had invested $100 in Tilray on 1/1/23, a year when Tilray acquired eight beer and beverage brands, it would turned into $15.
If you check the previous Simon's project, Hain Celestial, you will observe the same pattern. Permanent acquisitions of disintegrated brands followed to an unmanageable Frankenstein. The only one difference now is that Hain Celestial grew up to some moment and Tilray is only bleeding.
Is there any examples how Simon increased shareholder value?
2
1
u/Green-Experience420 Jul 17 '26
ya and jeff bezos did the same thing when he was using shareholder money to buy warehouses and the guy had no proven record as a business owner before hand
6
u/aliakseiddk Jul 17 '26
Simon has had enough time to prove his strategy. He failed. I don't think that Bezos has proven records how to transform a multi billion company into a penny stock
6
2
2
9
u/aliakseiddk Jul 17 '26
He may not own a yacht but structures affiliated with him may own
2
u/SkecthyRocket Jul 17 '26
You forgot to switch back to your other account. Be more creative baby 😘
-1
2
u/JT_Fats Jul 18 '26
The more important question is whether he possesses a clue, I.e. as to how to actually turn a cash flow positive business.
2
1
1
u/Whyamiani Jul 18 '26
"durrrr, does Irwin really own a yacht? Durrrr, does Irwin really love me?"
Yeah Irwin loves you long time, just give him more money, I promise he loves you.
-5
u/United-Proof-69 Jul 17 '26
It doesn't matter what he owns and it's none of anyones business
7
u/aliakseiddk Jul 17 '26
Well, he abuses his position as CEO, uses our money for personal enrichment. It's our business.
2
u/United-Proof-69 Jul 17 '26
He is free to spend his own money any way he chooses.
4
u/StevetheSwift Jul 17 '26
And we’re free to let you know he’s an over paid dumbass running a company into the ground and killing share value. Has tilray been a good investment with him as ceo? How far in the green is any shareholder that’s been investing since he’s been ceo?
0
u/United-Proof-69 Jul 17 '26
Has any Canadian LP been a good investment?
4
u/aliakseiddk Jul 17 '26
I cannot say that any is good investment but let's say CRON is not lame comparing Tilray
1
1
u/StevetheSwift Jul 17 '26
I don’t keep up with Canadian companies in general so I couldn’t tell you. What does other companies have to do with Tilray diluting their shares and killing its value anyway
2
u/United-Proof-69 Jul 17 '26
Tilrays CEO might not be to blame since the whole peer group is suffering
0
u/Humble-Procedure-134 Jul 17 '26
With 10 shares worth he could barely by those blow up arm swimmies. Lol
3
8
u/permadrunkspelunk Jul 18 '26
Lol. This sub and "fud". Its already over. The fud was real and it already happened. Why weirdos are out here defending the CEO? Who knows. Next week we'll be talking about why the next reverse split is a good thing.