IS IT TOO LATE FOR TILRAY STOCK? - TLRY.TO and TLRY Stock After Aphria Merger
I've been researching more cannabis companies in preparation for a comparison video. Tilray ($TLRY) is a very well-known name in this industry and I wanted to do some research as to whether TLRY is a buy right now with it's current price around $18.
Most notable is Tilray has recently merged with Aphria and grown to be one of the biggest Cannabis businesses in North America. They also have a footprint in Europe with a couple brands that operate in the US. Tilray is also on the TSX as TLRY.TO as of May 2021 and they've been in the news recently due to being picked up by the Wall St. Bets folks.
So after all this excitement is TLRY a buy at it's current price? What can we expect Manitoba Harvest and Sweetwater Brewery to contribute to revenues after this merger? I look at some financials and see what analysts have to say and give you my opinion. Just one guy's opinion!
Chapters:
Intro (0:00)
Company Overview (1:12)
Q1 2021 News (2:08)
Financial Highlights (3:25)
Near Future (4:50)
P/S Ratio (6:27)
Buy? (6:57)
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#tilraystock #tilray #tlrystock #tlry #seansoloinvests
Please Note: I am not a certified financial planner. I like talking about businesses and I'm just sharing things that I've learned through my own experience and hope it helps you out. This video is for entertainment purposes only. You should always do your own research about investments and do what is right for you.
Sources:
https://www.fool.com/investing/2021/0...
https://ca.finance.yahoo.com/news/zac...
https://ca.finance.yahoo.com/news/fou...
https://californianewstimes.com/tilra...
https://www.tilray.com/
https://en.wikipedia.org/wiki/Aphria_...)
https://en.wikipedia.org/wiki/Tilray