Cannabis Companies Ranked by Debt-to-Equity Ratio

This is individual research and does not constitute investment advice.

Even though the legal cannabis industry is still quite young, it amazes me how much bias already exists.

Last week, Tilray (Nasdaq: TLRY) reported fourth quarter earnings.

For 2018, revenue jumped 110% to $43.1 million. And a sizable chunk of that came in the fourth quarter, when revenue leapt 204% to $15.5 million.

As I ran on the treadmill premarket, the analysts kept saying, “Tilray shares are surging!” “Tilray shares skyrocket as revenue jumps 200%!”

In fact, they were up only 2% in premarket trading. That’s far from a “surge”…

Now, they did jump at the open, hitting $75.55 – a 4.6% gain from their

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