Post by
quinlash on Nov 15, 2024 6:34pm
RE:Gartz plus Tikray = nothing story
Tikray.is some other company, this is the Tilray forum. I do wish your research would make you realize that at some point.
Tilray Brands is an international cannabis company that also sells spirits and is ranked in the top 5 of craft beers in North America.
Their 2024 net sales was over 1 Billion CDN / apx 800 million US dollars and they are on the brink of turning EPS positive. Shares trade for far less than their book value right now however I douth will be the case once the next QTR report comes out.
For the US, RFK Jr has been put in charge of the FDA and he is pro cannabis. It's only a guess on my part however it would not surprise me if he reschedules cannabis to schedule 3 early in the new year so that proper research can be performed for medical purposes. His view of big pharma may also push those players into more organic medical investments such as medical cannabis.
If you're not a believer in the medical and social benefits of legal cannabis then I would suggest researching it. If you like chasing a shareprice up rather than buying dips then wait.
IMHO you will be provided the opportunity to chase this one at some point
Best Regards
Q
- Long on TLRY
Comment by
Oldweed on Nov 15, 2024 6:45pm
Interesting point about chasing a stock, if you are averaging down and buying the dips, you might be making the same mistake. There is always another perspective to consider.