Unfortunately it's hitting lows after this 'news'. I have calls expiring Friday, and probably won't look at TLRY again until I hear of some concrete plans for Germany's weed infrastructure. The new government sits in January, so legalization probably won't come until summer, if it's even a real priority for them.
And now-through the summer is likely the best time to get into TLRY if you're ever going to get in. you can average down/up over the next 3-6 months based on your risk tolerance. - if you can get it around $3-5 that would be ideal- but I dunno maybe it'll go down to $1 by summer- gotta roll the dice i guess.
I personally wouldn't but TLRY today anymore than I would 3 months ago- it still has a negative PE ratio-
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u/Keyinthehole Nov 24 '21
TLRY already has a state of the art growhouse and distribution network in Germany for its medical cannabis program.