Tilray Crash Continues As Early Week Gains Go Up In Smoke

Well that escalated quickly…

Yesterday’s waterfall collapse has extended in the pre-market, sending the cannabis company’s stocks back below $154.99 – the closing price from Tuesday – and down almost 50% from its record highs Wednesday at $300…

 

And after Wednesday’s chaotic reaction in crypto, as Tilray went crazy, Bitcoin is holding things together, for now…

Oh, and as a reminder, Tilray trades at 971-times-Sales…”no brainer”