Post by
CaneIsAbel on Sep 04, 2024 3:56pm
The TLRY short distort
Can go on and on. The only factual information that's been presented today is that Tilray Brands trades cheaply in a forward thinking market. We're undervalued considering the ratio for example Trulieve trades it which I presented here today. Why would anyone sell TLRY at these prices? Maersk bash TLRY at a 2.7 ratio what about a cannabis peer like Trulieve at 136.7 ratio lol. My point is this would be a good time to purchase TLRY if you believe in their strategy. If you want to risk USA legalization then by all means buy an over priced MSO. I'm not investing in TLRY because of the potential of USA legalization, all though I believe TLRY is a safer avenue to play that card if you think they can utilize their existing infrastructure in the USA into cannabis but you want the added security of global foot print and diversification. I invest in TLRY based on its prospects in Europe, Canada and alcohol in the USA. I truly believe in the craft segment TLRY in America can grow as big as milson coors itself in time.
Comment by
charlie007 on Sep 04, 2024 4:05pm
I'm not so sure about TLRY in the shorter term, OGI and SNDL look better at the moment, WEED, ACB, CRON, TLRY all down until news or election. CDN cannabis sales are down in BC and ONT and now CURA has purchased a licensed producer in ONT.