Tilray Brands Inc TLRY

Yes - some Canadian stocks rode the coattails

[Keeler]

Of the news - and will now fall back as investors realize that the rescheduling has no impact on companies that do not have cannabis operations in the US.
SAFE and the Farm Bill will be the same.

Im glad I sold my Curaleaf a month or so ago at a profit of over $1.00 a share - then rebought at $3.88.
I'm als glad that I didn't sell my Curaleaf to buy Tilray.
or my Trulieve, Ayr or Cresco. Even my VFF did okay on this news

 

Post by Duster340on Sep 01, 2023 9:45am

22 Views 

Post# 35615677

Cura and the us pot stocks

are flying high, while the canadian pot stocks have reached there peak and fizzled out

[CaneIsAbel]

Everyone pay attention.  He watches one hour of one day and assumes look the investors bailed on Canadian Lps and the 200 thousand volume in Curaleaf says it all. Just watch and see the next few months how it plays out. It's not an investor, trader or anything. 

[CaneIsAbel]

No informed investor would make a premature conclusion based on day traders taking advantage of stocks with liquidity to do so. The eventuality will do the talking. It operates on a one hour timeline has no concept of anything.  Tilray will be fine 

[Duster340]

Thats right pay attention! have you noticed the price of oil this morning OMG! wti now close to $85 a barrel this is the bigest driver of inflation, do not be surprised to see an uptick in the cpi# on sep/13. that should put the fear back in the markets, more big red days ahead eveything will move lower.

[CaneIsAbel]

You're not wrong here. I agree with that and the price of oil is a major driver of inflation. The point of my conversation is we're headed into long weekend. Cannabis stocks have been on a tear any trader with any experience knows today the probability is red.  Not certain but very very high probability on high liquidity Nasdaq stocks like Tilray. Nothing to do with previous posters

[quinlash]

In Canada our inflation can be tracked back to one person -> JT I could do a list of bullet points to explain that but I don't want to ruin my own Friday thinking about it... auck

[CaneIsAbel]

Few months ago it's claiming it illegal for US institutions to invest in Cannabis which is why Curaleaf has under one percent.  Few weeks after that its posts instituions are buying up MSO cannabis firms over Canadian LPs. It's not real it's AI spam. Tilray investors are far more informed at this point.