But Quinkash - didn’t ask you for your Excel spreadsheet calculations for 'years down the road',
I asked what you predicted as a 12 month price target. Don't see what stops you from doing that, as long as you qualify it.
You predicted $100 for Hexo - Covid and the Democrats didn't cause Hexos share price to drop to .09 cents - bad management, making and overpaying for acquisition using a failed 'growth by acquisition' strategy did.
Was Redecan - with annual sales of $250 million- really worth $900 million? Nope. Was that Biden's fault? Nope.
And Now your new hero Simple Simon buys $225 million of Medmen debt and acquired Hexo for $250 millions- along with 13 failing craft brewers- using the same growth by acquisition as your last hero - sebasten st loser, or the 'visionary' as you called him.
Analysts give Tikray a consensus 12 month target of about $3.50 - what do YOU think?
Post by
quinlashon Sep 01, 2024 1:59pm 
54 Views
Post# 36204743
Late 2020 / Early 2021
That's when Biden made cannabis promises and got into office. It's also the last time the market had high hopes of cannabis becoming legal stateside. Had that happened every company dealing in cannabis would have been launching into the US to complete for sales and investors would have rushed into purchasing shares in companies of their choice.
What else happened in early 2021 ?
Does "trust the science" ring any bells ?
Any predictions I put forward were based on cannabis legalization happening were based on ratio calculations I had worked out based on compatible sectors and historical data.
I will not be putting forward the calculations on TLRY as these would be both theoretical and for extended timeframes (possibility of years).