원문 보기
Tillery and canopy growth continued to rise marijuana legalization comes to Canada tomorrow as you know shares of tiller a soaring more than nine hundred percent over the LOB the last three months Jim so what is tomorrow mean yeah well I spent a lot of time this weekend with Bill new ones from constellation with Bruce Linton is the king of cannabis because he's to see CEO of canopy and I think one of the things that that Bruce explained was that there will be in October 18th October 19 October 20 there'll be big lines tomorrow there's way too much hot money in these stocks I'm recommending actually that you short-term traders should sell into it just because it's like people just discovered this but these stocks have been going up for months and months so I think the smart money bangs out of these and then you can buy them lower by by Friday there's way too much money pouring in at this particular moment canopy is the best canopy while a huge percentage of the stock will be a man up of cash because they're getting it the five million five billion from well it's four billion in doubt in US dollars from constellation they will be the winner they're running a number of different studies they've got they represent more than 30% of marijuana in Canada so they're the play but please just be careful stock was a bait yesterday and I've been recommending it I was pushing it pretty hard this weekend because I just was so excited it was at 48 bucks but now it's at 59 you you had Brendan Kennedy I'm tilray on Mad Money recently he's gonna join us tomorrow yeah I seen this hour well that stock is way too high now that's not a be a but you can't really borrow that stock the one you can borrow is canopy so there'll be shorts in canopy we talked about that with Bruce Linton now the other side is that this is a New York Stock Exchange listed stock by the way they would not let him press the bell they would not let him ring the bell because he used pot they let him they let him list but not ring the bell and Bruce mentioned that in my teaching over the weekend which was kind of odd but I do think remember this is New York's just as New York Stock Exchange listed totally legitimate from what I can tell used to be running new bridge networks of all things so Brendon is a better image and look I think that they're doing the right thing but the peep but either stock went nuts their Nazi damn and you pointed this out but it's important you can't short this stock it's so possible the cost to borrow is is billion is nothing anybody's ever seen right so that's why they're gonna shoot Hannah pretty cent they got a short canopy which they shouldn't but I think people try to knock it down they'd be better buying a bank stock you think official legalization makes beverage makers more candid about their plans yeah I look I think that when you listen to constellation constellation is gonna have they'll have every kind of drink and they'll have it ready yeah there are others we've tried to press like Pepsi haven't been willing so it's very interesting that I think the other guys being left behind and what constellation did was they told me listen we build a moat we gave this one company all the money in the world and everybody else is afraid nobody wants to be in it they're all afraid it's gonna jeopardize the business well constellation has figured out we actually talked about Bruce Linton bought stock in constellation after constellation gave the money we were talking about how much of constellations market cap could end up being canopy I was saying could be 50% and do they agree no one fought me on it it is really a powerful theme and you know after the farm bill passes we're gonna which we think it is going to pass then you're gonna ask you which includes him yes do you have CBD here but constellation they're gonna they have all sorts of drinks with amount of THC which is remember like that's like proof you know like you can have five percent tea that's like ten percent proof and you get a fifty percent THC and that's like a 180 that's like sterno yeah but anyway keep track of the fact there's gonna be big lines people gonna try to get into America our government doesn't want that to happen but they will have a full suite of drinks there won't be bars that will be literally you know you get stoner bars instead of our what used to be in Amsterdam Amsterdam Amsterdam Amsterdam certain literally New Amsterdam yeah well all I can tell you is is that please if you are starting right now to build a persistent canopy there were people have been building that position for a long time but that's the one when after they come down that constellation and it constellation is a great cup dad a great quarter even when cannabis don't be able to pay down the debt that they took and a very short period of time you should stay focused dammit I'm going to thank you you
Comments 0