Shot volume on Tilray is about 20 percent My opinion Tilray will definitely be subject to another Reddit short squeeze. With that being said Aphria will trade in tandem. Analysts got it wrong with Tilray. If you look to the merger rather then Tilray as a stand alone company, the cost savings on their flower production by utilizing Aphria Diamonds access capacity will be immense. Aphria will report an upcoming positive quarter and post merger, analysts will need a few quarterly reports but I am confident all fundamentals will change immensely for the better on the combined company. Tilray had one main weakness and that was cost per gram growth. With that improved by over 80 percent with aphrias infrastructure and the combined global business, the future of becoming the top marijuana company is looking almost assured. A growing presence in the USA with beverages, CBD, hemp and soon to be Cannabis. I believe everyone will also be blown away with Seeetwaters revenue. SweetWater also has many growth opportunities as they still have half of the States to colonize and they will.
On fundamentals alone we will reach highs unseen before but I believe with a 20 percent short volume we may be ripe for a Reddit ride much sooner so volatility remains. Tilray is in the top ten most discussed stocks on Reddit and a 20 short float makes it ripe for a squeeeze.
Source: https://finviz.com/quote.ashx?t=TLRY