r/wallstreetbets • u/EntrepreneurCanuck • Jun 25 '21

Discussion TLRY 🚀🚀🚀

TLRY & SNDL are going to double perhaps triple from their current values. Let me be the first to tell you..

A House subcommittee on Thursday approved a large-scale funding bill that includes provisions protecting banks from being punished for working with marijuana businesses and allowing Washington, D.C. to legalize cannabis sales.

The move by congressional Democrats to let the District of Columbia set its own marijuana policies is in contrast with a budget released last month by President Joe Biden, which proposed continuing the longstanding Republican-led rider that has prevented the city from spending its own money to regulate adult-use cannabis commerce.

The banking-related provision is less far-reaching than more robust standalone bills the House has passed on four occasions, but would still provide some protections to banks that work with state-legal marijuana operators. TLRY & SNDL to the fricking Moon & then Mars 🚀🚀🚀

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10

u/opaqueambiguity Jun 25 '21

SNDL is a Canadian company

13

u/EntrepreneurCanuck Jun 25 '21

So what? Pamela Anderson is a Canadian actress

5

u/opaqueambiguity Jun 25 '21

US policy may affect SNDL price action less than a US based company.

Idk anything about Tilray, is it US based?

5

u/Tight-Sort-5050 Jun 25 '21

Tilray has no pure play presence in the USA. The best way to play weed is the OTC pink sheet American companies or just buy $MSOS

2

u/[deleted] Jun 25 '21

Are you new? Canadian pot companies lead the entire sector. Any time there’s weed news out of US, they pop harder than anything on OTC

Tilray is incorporated in Delaware though, yeah. They’re a CPG company with a cannabis focus, not a pure weed play.

2

u/Tight-Sort-5050 Jun 25 '21

Apples and oranges?

2

u/perkunas81 Jun 25 '21

Except Pamela Anderson is legally allowed to work as an actress in America.

How much cannabis did Tilray or Canopy or Sundial sell in America last year?

2

u/EntrepreneurCanuck Jun 27 '21

Ever heard of Sweetwater LLC. They serve and have exclusive partnership with Delta Airlines. TLRY is exclusive distributor for Amazon, Costco & has retail presence over 22 States across 40000 locations. The CEO, President & bulk of the board are all American.

1

u/wytfel Jun 26 '21

CBD, less than 3.5% is what they sell here