RE:Where can our SP go?Great post hevin ,
I am some what new to stockhouse,, although have been investing in marijuana stocks before
they legalized it .. I started off with Hydropothecary ( now Hexo ) my average sp was $ 1.60
when the stock price went up to $ 10 dollars the CEO sold his million shares and the stock price
dropped like a rock. ( must have known something lol ) I sold all my shares at $ 3.30
I moved over to Aphria when it was $ 7 dollars,,when it dropped to $ 5 dollars bought more...
I've finally picked a very good investment..
Back to your question hevin ,, I am not making a prediction on exact amounts the sp will go to
but will remind everyone Tilray stock price went to $ 300 ., based on nothing more than speculation .
When the merger happens the new Tilray will be the largest mj company in world.
Also all the points you made are bang on .. history does repeat itself often..not only bad things
like wars and pandemics but good things too. Maybe Tilray does not get driven back up to
$ 300 but people will have more reason to invest in them than they did before..
A couple quarters to iron out duplications, in job roles etc...and cost cutting in there state of the art
Growing procedures and finally people having more disposable money to invest and buy luxurious items ie marijuana.. and we will be on our way ..
Have a great weekend ,,, Vegas