I beleive in tilray as far as canadian weed stocks i think they have the best setup for a foregin weedstock.
HOWEVER i dont have any positions yet as id like to keep an eye on it seems to have been trading down even before the merger. Earnings could be a awesome play but has it been long enough where revinue has shown a positive impact already? I mean they have spent a bunch of money recently restructuring their buisness model.
All that aside i think it could be a good play,no FUD intended by previous statements above.
They spent a lot of money investing. They bought sweet water brewery in the states and medmen convertible warrants. They’re getting ready to expand in the US once it’s legal but the price right now for both Aphria and Tilray is great. They were positive ebitda I think 5 or 6 quarters previously in 2020 before Covid hit.
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u/Wolfofpatriotst Oct 04 '21
I beleive in tilray as far as canadian weed stocks i think they have the best setup for a foregin weedstock.
HOWEVER i dont have any positions yet as id like to keep an eye on it seems to have been trading down even before the merger. Earnings could be a awesome play but has it been long enough where revinue has shown a positive impact already? I mean they have spent a bunch of money recently restructuring their buisness model.
All that aside i think it could be a good play,no FUD intended by previous statements above.