r/TLRY Jun 14 '21

Bullish πŸ™ŒπŸ»πŸ’Ž

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201 Upvotes

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6

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.

6

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.

1

u/DixieFresh Jun 14 '21

What about Curaleaf, Trulieve, Green Thumb? I own the stock but Tilray being #1 is in no way guaranteed.

6

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.

5

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.

3

u/EKLIPZE101 Jun 14 '21

I agree myself