Post by
quinlash on Nov 29, 2024 11:54am
RE:a properly run pot stock
You cant compare HITI and TLRY, their businesses are not the same, they just happen to both involve cannabis.
TLRY is a producer, a CPG, they are also international and are diversified with craft beer and spirits sales.
The only company I can find that has a similar business model (most similar) is Canopy Growth. Because TLRY reports in US Dollars i convert TLRY to Canadian when I look at net sales etc. TLRY has substantially higher sales etc than Canopy while the price on the shares is much lower.
When I say lower it's not face value, it's price to Book and price to sales ratio, that's how you account for the difference in sharecount.
Comment by
plymouth340 on Nov 29, 2024 12:24pm
Providing an explanation of any sort falls on deaf ears for those who are here to bash Tilray. It seems they derive a sense of accomplishment when they post. Happy trading.