Trulieve is up $3.04 in the last month, Tilray share price today closed at $2.96 down .23 cents in the last month
As I may have asked previously, if you want to be invested in the cannabis sector - and have publicly stated that you're holding long for U.S. legalization - then why would you invest in a Canadian LP, as opposed to a US MSO, who already operate in the 40 or so States that have already legalized?
I also may have suggested, on one or two occassions, that while US MSOs see significant share price increases with the slightest of positive news - Canadian LPs ride the coat tails for a short bit - but fall back shortly thereafer. This only makes sense - SAFER, the Farm Bill, re-scheduling have no impact on foreign cannabis companies such as Tilray, while US MSOs see immediate, direct, beneficial impacts - because after all, it's US legislation for US cannabis operators.
BUT, seeing as how vegas likes to post numbers - why not let the FACTS and RESULTS speak for themselves, follows are the last 1 month performances of Canadia and US cannabis companies, following the release of some 'good news' as he referred to it:
1 month ago today +/-
Tilray 2.96 2.72
(-.23) ACB .64 .57
(-.07) Canopy 6.93 5.92
(-1.01) OGI 1.80 2.56 +.76
HITI 2.12 2.42 +.30
compared to the 5 US MSOs I own:
The Cannabis .59 .67 +.08
Cresco 1.83 2.71 +.88
Curaleaf 5.35 6.57 +1.22
Trulieve 6.95 9.99 +3.04
Verano 5.57 7.02 +1.45
So to each their own - as I've posted, Tilray isn't the worst out there and maybe in a few years, longs might see some return. Meantime, while they invest in dead money companies like Tilray, they miss actually earning a return NOW.
My Trulieve stock - the one I posted may likely see the biggest recovery of ALL US cannabis stocks - increased in share price in the last month - greater than the value of one Tilray share.
Have to go now - I'm in Guangzhou Airport, catching a flight to Katmandu - and then train into Tibet.
I may be out of touch for awhile, I'll try to send a postcard
Post by
Vegas63on Dec 12, 2023 7:41pm 
176 Views
Post# 35781181
Trulieve and Curaleaf stock dropping
Trulieve stock price has dropped $ 1.74 since Friday
Curaleaf stock price has dropped $ 1.10 since Friday
Does anyone know why such a sudden drop ?? I thought the MSO companies were receiving
good news
Vegas