$100 bln weed company is still in the pipe

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The idea of a $100 billion weed company isn’t far-fetched, but the odds are against it being Tilray. johnsfoley

 

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johnsfoley No wonder Peter Thiel bet on cannabis couple of years ago. The opportunity is always controlled by illuminati elite, and the others follow like a foolish puppet. I am against cannabis being used in drinks!

ReutersBiz johnsfoley Poor girl in DC stabbed 7 times day after picking out her wedding gown. Suspect smoking weed.

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Aurora Cannabis stock surges after earnings top $100 million, revenue nearly quadruplesShares of Aurora Cannabis Inc. surged 3.3% in premarket trade Monday, after the Canada-based cannabis company reported Monday fiscal first-quarter net earnings that rose to $105.5 million from $3.6 million a year ago, and from $79.9 million in the previous quarter. Total revenue rose 260% from a year ago and 55% from the previous quarter to $29.7 million, while cannabis revenue jumped 236% from last year and 65% from last quarter to $24.6 million. The average selling price per gram of dried cannabis grew 15% from a year ago to $8.39, while the cash cost per gram fell 12% to $1.90. For cannabis extracts, the net selling price per gram fell 26% to $12.12, while costs declined 22% to $1.45. Active registered patients rose 250% to 67,484. The company the jump in net earnings was primarily attributable to unrealized non-cash gains on derivatives and marketable securities. "The commencement of adult consumer use sales in Canada has been very successful for Aurora, with strong performance across all product categories and brands," said Chief Executive Terry Booth. "Given the strong unmet consumer demand evident across Canada, we are confident that our rapidly increasing production capacity will result in continued acceleration of revenue growth." The stock has rallied 58% over the past three months while the ETF MG Alternative Harvest ETF has climbed 22% and the S&P 500 has slipped 1.8%. Is it legal to own this stock? SimplyyGark Lmao it's getting dumped rn
Source: MarketWatch - 🏆 3. / 97 Read more »

Investing in cannabis is 'a great hedge' for alcohol and drug companies, Tilray CEO saysJim Cramer sits down with Tilray CEO Brendan Kennedy to get his take on the future of medical and recreational marijuana. As well as fast food restaurants and grubhub robkay90 he’s had a melt This will crash faster then Bitcoin!
Source: CNBC - 🏆 12. / 72 Read more »

Tilray leads cannabis stocks higher as sector continues to rallyCannabis stocks were mostly higher again, led by Tilray Inc., which rallied sharply on news that the U.S. Drug Enforcement Administration has approved its plan to import a marijuana product and test its efficacy in treating a neurological disorder that affects millions of Americans. Should be illegal , will cause accidents and possible crimes.
Source: MarketWatch - 🏆 3. / 97 Read more »

These Three Cannabis Stocks Have Been Hijacked By TradersCannabis stocks snapped out of a correction in Mid-August, and three Canadian licensed producers that have NASDAQ or NYSE listings have seen an explosion in their stock prices as well as their trading volumes. Those looking to invest in the sector should understand this technical dynamic. Marijuana legalization put money in white people pocket marijuana black market puts black people in jails. Marijuana is profit and medicine for white people but an illegal substance for black people marijuana legalization and legislation is racist and hypocritical amnestynow Traders "getting high" on cannabis stocks...when they start to use stock certificates as "rolling paper"... - These cannabis stocks have been hijacked by traders: -Canopy Growth -Cronos Group -Tilray Sloppy hypotheses. $GTBIF (OTC) is up over 125% since Aug 14th, beating out two of the three mentioned in this article. Maybe this isn't traders run amuck. Maybe forward looking investors who realize the likely TAM is simply the biggest thing to come along in their lifetime!
Source: Forbes - 🏆 394. / 53 Read more »

Pot stocks gain after Tilray gets U.S. approval to import medical cannabiscrypto world so wonderful, like example go check DeepOnionX DeepOnion project. DeepOnionx $ONION EruditeSteve Strange to import something some thing we already produce in the millions of tons. More understandable of our internal markets were equally unfettered.
Source: Bloomberg - 🏆 97. / 63 Read more »