In Wednesday's Blitz Daily, we’ll take a look at cannabis company Tilray Inc. after it announced a new acquisition.
The mid-week flows are in and with Robinhood reporting earnings, the bulls are charging straight ahead into the short-term “meme stonk” option flow.
Of the half-dozen internet darlings hitting the tape Wednesday, Canadian pot stock prince Tilray sticks out most. It may be a bit of a dice roll, but it’s also seen positive news. The firm announced Tuesday that it’s taken a majority position in another cannabis brand, Medmen Enterprises.
But that’s just the tip of the internet iceberg. I have four more big trades that were burning up the Blitz Tracker, so see for yourself…
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