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MarketFoolery

The Challenges of Investing in Cannabis

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 19 March 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

Tilray reports a wider-than-expected loss but sales more than double. Should investors take stock in the Canadian cannabis producer? What’s the best way to invest in the cannabis space? Motley Fool analysts Andy Cross and Emily Flippen tackle those questions and talk Apple, Netflix, and the future of video.

Thanks to LinkedIn for supporting The Motley Fool. Go to Linkedin.com/fool and get $50 off your first job post.

Transcript

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0:00.0

Thanks to LinkedIn for supporting market foolery,

0:02.4

LinkedIn jobs makes it easy to get matched with quality candidates

0:05.9

who make the most sense for your role.

0:08.0

Post a job today at LinkedIn.com slash fool

0:11.6

and get $50 off your first job post.

0:15.0

It's Tuesday, March 19th.

0:19.0

Welcome to Market Foolering.

0:20.0

I'm Matt Greer and joining me in studio we have Motley Full analyst Andy Cross and Emily Flippin.

0:25.4

Welcome how are we doing?

0:27.3

Mac we're great.

0:28.3

Yeah doing great good morning I love being on the show with Emily so this is a real

0:31.4

treat for me we don't get to do it often this is great this is a real treat for me. We don't get to do it often.

0:33.0

I know it's great this is great looking forward to it. Well good well let's make the

0:36.6

magic happen okay and we've got a lot of magic here we're going to talk some Netflix and

0:40.9

Apple not playing well together but we'll get to that. But we begin

0:45.6

with marijuana stocks. Canadian Cannabis producer Tilray down a bit on earnings. Now Emily this was after they reported that sales nearly tripled

0:56.8

but they also reported a wider than expected loss so this company is losing a lot of money and I want to get your take on Tilray but first a quick walk down memory lane

1:07.5

The company went public back in July

1:10.4

52 week low of around $20 a share, high of around $300 a share.

1:17.0

Today, the stock trades in the 70s. What do you think?

1:20.0

Well, let's be clear when we talk about sales growth. Their sales growth is

1:24.4

only up about 55% quarter over quarter, which might sound good to somebody who's

...

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