The Canadian and American cannabis sectors are two different games.
As many informed investors understand - US legislation such as SAFER, the Farm Bill and re-scheduling have limited impact on Canadian cannabis LPs sucha s Tilray.
As proven fact - look at the charts, when positive US news comes out - the US MSOs show significant gains in share price - while CanadianLPs show limited increases, simply riding the coattails of the news. The gains are short lived.
Now - as we see negatice news out of the US, the US MSOs are showing siginificant losses, while Canadian cannabis LPs are showing less impact.
Did the US infused beverage sector show a big increase when Canadian law was changed to allow consumers to purchase a greater number of beverages in one trip? Of course not.
Common sense and investment acumen woudl allow you to undersatnd that US legislation and news - pro or con - impacts US companies to a greater degree.
As far as Tilray selling cucumbers - nothing wrong with diversification, if it's done right and witha competent, comprehensive business plan. Simple Simon has a history of not doing it right, trying to integrate diverse companies has simply led to a botched, glob of mess.
Buying pos near bankrupt companies doesnt change anything once under a larger umbrella,