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Mr_Parker
Mar 19, 2021 7:17 AM

Cannabis trends!  

Tilray Brands, Inc.NASDAQ

Description

All of these cannabis stocks seem to be following the same trend as eachother!

Tilray & Aphria merger coming soon!

Tilray + Aphria = Tilray
Aphria shareholders will receive .83 x 1 share of Tilray

Comment

New York gov. Cuomo signs bill legalizing recreational marijuana usage...!

Just beginning to see the cannabis industry become more widely accepted. Expect legalization at a federal level in the distant future!

I'm long on this stock as it will be the leader of the cannabis industry once Tilray and Aphria merge. When the U.S. legalizes cannabis at a federal level it will bring many new opportunities for this company!
Comments
ydah
Why are they going down hard?
Mr_Parker
@ydahman, market correction.
ydah
@Mr_Parker, Is it just cannabis or everything? Are we going to see a recovery any time soon?
Mr_Parker
@ydahman, from what I’ve gathered- 80-90% of the market is in correction. I don’t have an estimated recovery time yet.
ydah
@Mr_Parker, Thank you
ydah
@ydahman, Market is moving in a very strange way all week. TLRY dropped hard from almost $32 on Monday to $25 and change. I guess things will bounce next week maybe?
snedapunk
@ydahman, so we can buy it when everyone panic sells, and re-sell it the same day
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