Investors are spending hundreds of millions to short cannabis stocks, despite huge losses

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Investors are spending hundreds of millions to short cannabis stocks, despite huge losses
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It is costing as much as US$388,000 a day to short Tilray, for example, at a 38% borrow rate; losses have hit US$340 million

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Short trading is everything that is wrong with capitalism.

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Meet the New York investor who’s making all the right calls in shorting Canadian stocksMeet the New York investor who’s making all the right calls in shorting Canadian stocksSpruce Point Capital takes the long view on company share prices that he knows will — eventually — fall from grace We lose our position in the global economy. We are deindustrializing. MaximeBernier 's E-1906 does not help to find our position in the global market. Doesn't take a genius. The only ppl who are deluded about this economy are the LPC and the BOC.
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