Tilray(NASDAQ:TLRY), the Canadian cannabis company, seems to have lost a good deal of its gusto. TLRY stock ended 2020 at $8.26 and then peaked early in 2021 at $63.91 on Feb. 10. But by the end of 2021, it was lower than where it started by closing at $7.03 on Dec. 31. That...
Also, thanks to the recent spike in New Age Beveragesstock, NBEV now trades at a high valuation, although its valuation is not yet as high as that of its Canadian peers. However, Canadian companiesCanopy Growth(NYSE:CGC) andTilray(NASDAQ:TLRY) will soon operate in a fully-legal environment...
So I started digging. A few REITs pay a lot less than 80 percent but significantly more than 2 percent. There’s always the chance that the stock will depreciate in any given year or that management will need to cut the dividend but on the whole, the odds of steady payouts are not ba...
In the near term, it may not matter. I thoughtTilray(NASDAQ:TLRY) wasoverpriced at $30— and argued then that valuation wasn’t going to be a short-term driver. TLRY went to $300, of course. It now trades at $161, and still looks badly overpriced. Pot stock investors can dismiss a...