Post by
quinlash on Mar 15, 2024 11:32pm
Entire Cannabis Sector Green
The cannabis reform round table from today moved investor interest back to cannabis stocks. Many of these stocks remain grossly under valued from historical multiples while others are even under their book values.
IMHO there is worthwhile upside on many of the cannabis stocks despite a nice one day pop.
Next week Tilray may see more gains by Friday and, if more news comes to light, we may see more and more investors considering Tilray for their 2024 Cannabis investment.
If you sold today and took a profit then congrats, I am happy for you.
If you bought today then welcome on board, your timing may be legendary if Cannabis reform actually does kick in here in the near term.
If you are holding and in the red, it is your choice to add time to your schedule, add cheaper shares to your position or bail at some price you can live with.
All of the above should be decided on based on research you do yourself.
One further note to the old Diamonds
- You Rock
Q
Comment by
Vulcan on Mar 16, 2024 12:11am
Good post Q.. theres lots more to come... we have US ...Germany..some canadian reforms.. .all happening in bear term or same time... April will be very interesting.. not to mention recent new product offerrings and upcoming Quarter.. cheers.. diamond hands.. my shares are posted at 100 .. I'll watch close ..may have to raise that at some point
Comment by
quinlash on Mar 16, 2024 12:14am
Appreciate it V, thx Agree on all points We also have Portugal (recent). I bet you knew that and was just testing me. :). Lol Take Care Q