But quinlash - there WAS major news in Januaryin the US and Germany - and the sector DID light up.
The U.S. sector that is - Tilray started January around $3.20 a share and had dropped to $2.45 by the end of the month. Yes - US MSOs have also fallen back - but they saw sigificant gains, while Tilray seemed unimpacted at all by the news, and the MSOs stll hang on to some t=of their gains.
Biden, despite his personal views on legalization will hold cannabis legislation as a 'trump' card - surveys suggest he would see an immediate 10% bump in his popularity with a move, but if if he plays it too soon - as in the next month or two, his senile flubs will cause a drop again.
I think he'll wait until late summer/fall, closer to the election unless something drastic forces him to play it sooner.
Regardless - US legislation will not have an impact on Tilray - and you promoters are sadly mistaken belieeivng Germany will have any major impact in the next several years.
Comment by
quinlashon Feb 18, 2024 8:28pm 38 Views
Post# 35887098
RE:RE:TLRY getting closer to $$$
TheNewOldtimer wrote:Well said Q, the expanding Beverage part of the business is like a trump card while we wait for increased profitability from MJ Medical and US legalization, I am comfortable waiting it out long term.
Personally I believe if it wasn't for the pandemic we would already be a year or two into US legalization.
COVID diverted the governments attention away from the matter and, as a result, we seen many lose interest or time out.
Things are moving again, albeit slowly, the sector will light up again once major news comes out