Pot-focused investment fund backed by Peter Thiel gets a boost from its big stake in Tilray

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Seattle-based Privateer Holdings has at least a 76 percent stake in Tilray, according to FactSet.

 

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That might almost make up for what he lost in the crypto trades

And you thought Mom and Pop were buying it.

First develop Pot production, then pay lobbysts to make the law approved... Business is business...

lmao okay just ignore the massive Tilray dump...

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 /  🏆 12. in NG

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Pot stocks are soaring again with Tilray surging 40% in premarket tradingTilray's CEO Brendan Kennedy told CNBC that pharmaceutical companies must start thinking about partnering with cannabis producers as a 'hedge' against the space. History repeats itself - when everyone starts to talk about how to get rich quick; word of advise is to get on the other side. I am calling this as $TLRY’s Top. Down goes weed & pot. Target price: $420. Who would buy Tilray at this level? This stock has gone too high too fats on news and speculation. Without results, stock will not sustain these levels. Be careful out there!
Source: CNBC - 🏆 12. / 72 Read more »