US LegalizationTrump is now being declared the winner of the 2024 Presidential Race.
IMHO he is going to address cannabis legalization in a manner similar to how he changed abortion rights, that ring putting it in the hands of each individual state.
TLRY is not needing US legalization to be successful, from what I see in their strategy and revenue growth trend. Their expansion internationally, along with their craft beer businesses is progressing them to profitability just fine.
Tilray is currently selling infused drinks into the US and this too is going to add to increasing revenue numbers and further advance the EPS numbers towards positive.
As noted earlier I am indeed invested in the cannabis sector for eventual US legalization, that has not changed. I invest long-term using a Dollar Cost Averaging Strategy. IMHO Cannabis Legalization in the US is a matter of WHEN, not IF,
Best Regards
Q
- Long on TLRY