Stonk Research

3.6 Tilray

With the legalization of cannabis and the rise of interest rates, I Would expect a consolidation in the number of pot companies or the unprofitable companies to get killed off.

Tilray at the current price of $4.55 has a market cap of about 2 billion, 600 million in assets, all cannabis companies, tilray can likely last a 1 or 2 years before it needs to raise more capital.

By shutting down some facilities and creating synergies they can save money,

Would only buy this at below book value so around 1 or 2 dollars, but likely a big recession at this point.

Given how the competition is getting wrecked, it makes sense, would expect demand of cannabis to stay consistent.