RE:savaged - when you cut and paste, you should at leastKeeler wrote: have the courtesy of naming the source - rather than just plagarizing someone else's comments. Tilray's institutional ownership currently sits ata round 10% - retail investors are at 80%. It wasnt that long ago - when caneISABEL and quinlash boasted that Tilray's instituional ownership was around 23%.
Those facts stated - your plagarized post below is a misleading falsehood - it sounds like something snake oil salesman would spew, somebody like Simple Simon.
The reality is that institutions generally stay away from penny meme stocks like Tilray - the ones that WERE in it were there because there was an interest in owning cannabis stocks. Theose isntituions had to go with Canadian cannabis stocks because it's grey area of legality as to whether or not they could invest with US companies - the same law that prevents MSOs from listing on major exchanges.
If re-scheduling and SAFER ever pass - the isntituions will completely abandon Canadian cannabis stocks such as Tilray - and migrate to the US MSOs, the companies that would actually benefit from such legislation, and open the door to possible listing on senior exchanges.
If you think instituions are going to invest in Canadian penny cannabis stocks - as oppsed to a Trulieve or Green Thumb or Curaleaf, then you're oeprating at an investment level similar to savage, quinlash and momoacoua. Elementry, delusional and of low investment acumen.
Post by
Savage97on Sep 18, 2024 3:29pm 94 Views
Post# 36229648
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You have to remember we’re just dealing with retail investors right now which is small potatoes. once institutional investors get involved with their millions and we get rescheduling this stock is going to explode. Simon is building a giant of a company and weed is a commodity very much in demand world wide. not to mention the alcohol business and we already dominate Europe with our Germany business
Keeler has it right. When it comes to USA rescheduling, and implementation. It's gonna take still quite a while for it to work through the system to get figured out.
Let's try and figure the most beneficial for shareholders.
Companies who , for example, already have operations in Ohio, Pennsylvania, Indiana, Michigan wouldn't find it an immediate benefit to centralize operations and distribute . Or. A foreign company (a US company with no operations in those states) having to set up brand new operations, or buy their way into an operation. Then try and get it all working to their specifications.
Leaving beverages and hamp out of the equation. Cause we all know that there will be changes to the farm bill which may be of catastrophic consequences there. For some or most newer hamp operations, not the farmers. I'd say it's very clear that waiting for another year for everything to get figured out is , stale money. More spewing from questimates off Peeu or fortune tallers of nickel and dime swings don't work great for long holders.
Hairys b@ilbonds give better returns than the foreign US company. Especially after you account for the 200million new shares to come.