Tilray Brands, Inc. TLRY

Nothing has changed? Canadian stocks rally?

[Keeler]

What I've said is that Canadian cannabis LPs ride the coattails of US news and get a short term gain in share price - and then proceeds to fall back. US MSOs experience more sigificant gains and sustain them to a larger degree.

Your 6 month old article proves my statement.
Let's look at share prices on Aug 30/23 - per your article regarding DEAs possible reclassification


                     Aug 30/23       Feb 2/24       +/-
Tilray              $ 3.59             $ 2.55       (-$1.04)
ACB                    .64                  .52       (-$  .12)             
Weed                 6.00               6.28          $  .28

Cresco            $ 1.70             $  3.51       +$ 1.81
Cura                    4.32                7.62      +$ 3.30
Trulieve               5.40              15.00      +$ 9.60
Verano                4.19                9.34      +$ 5.15

What has changed is that Tilray's share price has dropped since the Aug 30 DEA news - and MSOs have seen signifcant gains.

Facts are facts - US law does not apply to foreign cannabis LPs like Tilray. Even Simple Simon stated that - and he must be smart - he earns $25 million a year.

Post by Ventura2020on Feb 02, 2024 8:36pm

66 Views 

Post# 35860728

Cannabis stocks rally amid reports DEA may reclassify drug a

Nothing has changed here folks, with Tilray Brands! No news from the DEA. All hype on the MSO's
The MSO's promoter's/shorts would like you to think it's changed but, in reality it hasn't .
It would be a first for Canadian LP's NOT TO rally on rescheduling/safe or news from the DEA. Anything on Legalization in the USA . Never happened...yet!
So, you might say risk is extremely low in that category. Reward is very high! Personally, I will take the odds, gladly! 

All it takes is a quick google search!
https://seekingalpha.com/news/4007629-cannabis-stocks-rally-amid-reports-dea-may-reclassify-drug-as-less-risky

[Clowninthedark]

We will have to see how the other doing business in the US fare after they announce earnings. I don't see Keeler mentioning TLRY announced earings in his comparison. It's painfully obvious their earnings failed to impress.