spliffendz
Well-Known Member
I covered the link as when I clicked it it seemed clickbaity but still wondering if these dudes are worth investing in or whether members here could benefit
Tilray and Aphria merger from Canada, worth investing?
- Thread starter spliffendz
- Start date
I covered the link as when I clicked it it seemed clickbaity but still wondering if these dudes are worth investing in or whether members here could benefit
I don't know much about investing and I think your better off at the casino. I don't know anything about Tylray either. However I have tried an Aphria sativa oil that was beyond anything else I have ever tried. I'm in my 40s and this shit got me the highest I have ever been for the longest amount of time. I smoke 1g joints usually 5 times daily for the last 20 years and my weekends are ridiculous. I only took a squirt of oil that day.
Bubbas.dad1
Well-Known Member
I think you have to go for a mso, multi state operator. My pick is truelieve. It is probably the only one that is generating actual profits. I think Canopy is overpriced, they still don’t have a real retail in the US. I think the way that legalization will work out is on a state by state basis, Congress will let the the states set their own regimes. Aurora I think is just a zombie company, it will go out or sold and broken up. Trulieve is a monster in Florida, accounting for half of all medical cannibis sold there. They are moving into other states, and starting to generate revenue there.
I have been surprised by canopy, I owned the stock a few years ago, made good money with it, but it is still below it’s all time high from back then. They had a $5 billion investment from a American beer company, but have burned most of it up. But somehow they are considered “best of breed” by Wall Street?
The one thing that this investment has is political risk. There are some folks who are never going to accept cannibis, and they not only vote, but hold political office. Some people don’t want to hear it, but Republicans are mostly against weed, in any form. The risk is less than what it was, but still more than something like proctor and gamble.
I have been surprised by canopy, I owned the stock a few years ago, made good money with it, but it is still below it’s all time high from back then. They had a $5 billion investment from a American beer company, but have burned most of it up. But somehow they are considered “best of breed” by Wall Street?
The one thing that this investment has is political risk. There are some folks who are never going to accept cannibis, and they not only vote, but hold political office. Some people don’t want to hear it, but Republicans are mostly against weed, in any form. The risk is less than what it was, but still more than something like proctor and gamble.
Bubbas.dad1
Well-Known Member
The casino is a loss, it really is stacked against you. Investing has risk, but over time you should be able to make money. The only problem is getting enough money to invest, a lot of folks never get there.