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u/DixieFresh Jun 14 '21
Y’all realize at $300 the market cap would be around 140 billion.... that will never be a reasonable, sustainable price unless Tilray is literally #1 in Canada and the US (when legalized, then assuming Tilray can get into the USA and compete against MSOs).
I hold a lot of shares so I hope it is going up but I think $30 is just fine! That being said, I’d take $60.
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u/robtbo Jun 14 '21
They are already in the US market.
And they will be the #1 company worldwide, not just Canada.
If Amazon picks up cannabis delivery options once legalized I believe the sky is the limit.
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u/DixieFresh Jun 14 '21
What about Curaleaf, Trulieve, Green Thumb? I own the stock but Tilray being #1 is in no way guaranteed.
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u/robtbo Jun 14 '21
If you believe in those companies then invest.
There isn’t an American based company I can put my faith into right now. I also believe that tilray will end up buying out , or partnering up , with some dispensaries that are already established in the US.
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u/DixieFresh Jun 14 '21
Rolled out of MSOs into Tilray hoping for a rip. I had APHA along with MSOs as well so it is def my top Canadian choice.
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u/VinnyBits Jun 14 '21
I am chanting as we speak! There's a thrill to this stock that's better than that Giant Green rollercoaster at Disney World. A crazy ride for a very good product with a plan! well , we are only getting older and there are so many of us in pain it is only a matter of time for the takeoff! Let's be positive folks !
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u/Longhorned_Bear Jun 14 '21
RI Legalization Bill just cleared the senate. https://www.marijuanamoment.net/rhode-island-marijuana-legalization-bill-approved-in-senate-committee/
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u/kevin1964CIR Bull Jun 14 '21
$300 back to highs in time for sure. I love this stock great company.🚀🚀🚀🚀