Analyst Dmitry Zaytsev Examines Tilray Inc’s (NASDAQ:TLRY) Recent Slide 2

Analyst Dmitry Zaytsev Examines Tilray Inc’s (NASDAQ:TLRY) Recent Slide



Analyst Dmitry Zaytsev discusses recent market events and shares his current investment strategies. Zaytsev reveals he tried to buy CannTrust Holdings Inc (TSE:TRST) (NYSE:CTST) (FRA:C9S) after the company missed its earnings targets. Zaytsev used a stop-loss on the trade and emphasizes the importance of proper risk management when trading. Zaytsev believes valuations in the cannabis space are artificially high right now; however, US MSOs have a much greater potential market and still represent a better value proposition for Zaytsev. He notes that Ontario’s retail lottery rollout was underwhelming and warns about similar disappointment when edibles are legalized. Zaytsev examines Tilray Inc’s (NASDAQ:TLRY) (FRA:2HQ) downward trend and is concerned by insider share selling, recency bias, and unimpressive financials. He notes there are still “pockets of value” in cannabis space such as high-value indoor grow, brick and mortar retail, and cheap cultivation and production costs.

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