Did you know that Tilray’s founders could be secretly planning a brand-new IPO?
You won’t hear this on CNBC or read it in the Wall Street Journal . . .
But it is something I’ll be discussing inside this private webinar:
Tilray was the hottest IPO of 2019 . . .
With shares surging from a $17 IPO price . . . to over $300 within a few months.
Tilray was founded by Brendan Kennedy, Michael Blue and Christian Groh. The three friends started Tilray to focus on medical marijuana in Canada.
But they went one step further . . .
They actually founded an investment firm called Privateer Holdings. And they’ve made investments in eight companies.
Now, Tilray has already gone public.
But the other seven companies could be eyeing initial public offerings in 2019. These companies include:
- Leafly: a website and mobile application that allows people to read reviews of cannabis.
- High Park Farms: a Canadian licensed producer focused on the adult use market, operating 13 acres of greenhouses in Ontario.
- Marley Naturals: a cannabis brand offering dried marijuana, body care and accessories with Bob Marley’s brand name.
Given its success with Tilray, Privateer could be looking to take these companies public in 2019.
Alternatively, they could simply take Privateer Holdings public and retain ownership of these seven operating companies.
Once the market for pot stocks rebounds – expect big news on this front.
Expect a Pot Stock Santa Claus Rally.
Go here for details on the Pot Stock Santa Claus Rally . . . it starts in a few short days.