Tilray TLRY Canopy Growth CGC and Aurora Cannabis ACB are all going to continue lower over the next few months as their values realign with basic fundamentals. Looking for Tilray to hit about $7.50 in the next few months. In the meantime, there are plenty of excellent companies that a prudent investor could get into after the selling ends.
Bears, bulls, they all have an idea of why and what. Meanwhile, the market does what she wants.
Tradewizard122
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Tlrys valuation will tripple soon. these are growth stocks. They can handle some volatility. As long as the market is bullish I don't believe Tlry will hit $7.50. Lowest it can get is $15. I don't see that happening. Expect a new bullish wave to happen by spring.