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  • Get High on Cannabis Stock

    B.C. based Tilray becomes most valuable cannabis company after stock spikes as high as 1,600 per cent.

    It’s reefer madness for Nanaimo based Tilray Inc., which is now the most valuable cannabis company of its kind in the world.

    The company’s shares have jumped by as much as 1,600 per cent since it began trading on the NASDAQ exchange in July.


  • #2
    Damn thats cryptocurrency numbers lol. Respect to this bad ass lil or not so lil anymore weed company.

    Comment


    • #3
      Originally posted by Eff Pandas View Post
      Damn thats cryptocurrency numbers lol. Respect to this bad ass lil or not so lil anymore weed company.
      And weed isn't even legal yet in Canada until next month... providing it doesn't get delayed.

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      • #4
        Let’s see if Philip Morris lobbyistscan catch up, once their army provides the necessary data(bribes) to the right politicians and lawmakers.

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        • #5
          Huge run up in pot stocks.

          Just wait, they will come back down

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          • #6
            Originally posted by Sugar Adam Ali View Post
            Huge run up in pot stocks.

            Just wait, they will come back down
            It took a 30% drop Thursday/Friday...maybe a good time to jump in for the long haul. In 5-6 years this could potentially pay huge.

            https://www.cnbc.com/2018/09/21/cana...to-an-end.html

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            • #7
              A bit late to be buying into canadian stocks st this point. Valuations are very streched and their dilutionary strategies/warrants are worrying. Smart money now selling. I think buying some depressed US pot companies is a far superior strategy.

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              • #8
                Originally posted by jaded View Post
                It took a 30% drop Thursday/Friday...maybe a good time to jump in for the long haul. In 5-6 years this could potentially pay huge.

                https://www.cnbc.com/2018/09/21/cana...to-an-end.html
                Ignore Tilray its the pets.com of weed stocks.

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                • #9
                  Originally posted by 01samuelc View Post
                  Ignore Tilray its the pets.com of weed stocks.
                  That might be true...it might be just a speculative frenzy based on Tilray and the U.S. Government approval to import a Medical Cannabis Study Drug for a Clinical Trial at the University of California.

                  Canopy Growth might be a better choice @ $64.46.

                  This whole industry is going to be a boom. Are you into weed stocks? I never considered it until last week when Tilray became a hot news topic here.

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                  • #10
                    Originally posted by jaded View Post
                    It took a 30% drop Thursday/Friday...maybe a good time to jump in for the long haul. In 5-6 years this could potentially pay huge.

                    https://www.cnbc.com/2018/09/21/cana...to-an-end.html
                    Depending on which stock you are looking at. Tilray went up to 300, crashed back down to below 130.

                    MJ the marijuana etf dropped a lot as well..

                    This stuff is gonna pullback more.

                    But yes, marijuana is a great investment long term, but I would wait to open or add to a position

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