Yes - check Canadian cannabis LP share price ces as well as US MSO share prices when positive news comes out.
Canadian KOs ride the coattails of the news - small increases that last a short time - US MSOs large increases sustained longer.
Check Tilray in Hanuary and compare your t to Trulueve, Cresi or Verano.
Yes - check Tilray and MSOs when Kamala spoke - the numbers don't lie.
Why does quinlash keep posting about US news - Tilray isn't in the US cannabis market and rescheduling and SAFER do t apply to Canadian LPs.
Why invest in a Canadian company - waiting and hoping that maybe one day in the next few years, the company will get some sort of access to the US?
You can invest in a U.S. MSO tomorrow - they already operate in the 49 states that have legalized.
The logic of the Canadian investment isn't the least bit logical
Post by
quinlashon Apr 09, 2024 9:53pm 1 Views
Post# 35980401
TLRY to Benefit (Germany + US,)
I'll keep this brief as I'm sure most have some level of common sense + can look up historical shareprice movement.
Late 2020 - Biden commits to progress Cannabis legalization. Check historical to see what happened with Tilray SP over following few months
APX 3 weeks ago (maybe 4 weeks) Kamala Harris makes similar comments. Check SP movements
Germany legalized April 1 - check the movements afterwards
Here's the info for fundamentals
- check the price to sales ratio. Use your standard expected minimum ratio against current TLRY ratio. Odds are the ratio is less than half (or far less than half) of any ratio you deem as low
Check Golden Cross trend and SP against 200 simple moving average. Days for Golden Cross are in the single digits using prior 30 day average for projections
Research, future speculation, patience, nerve. Use all the standard skills at your disposal. IMHO cannabis is long overdue to be the next hot sector and virtually all other sectors have much less potential upside than cannabis stocks