The Next Tilray for 752% Pot Stock Profits

Tilray has become the darling among “pot stocks.”
Shares launched at $17 in its IPO – and surged to $300 in mid-September. Even after a pullback to $145 – the stock is up 753%!
What’s the next Tilray?
Go here now for my urgent pot stock briefing.

Lots of folks think the next Tilray is going to be Acreage Holdings (click for details).
Acreage and Tilray are similar in three major ways:

  1. Financing

In February, Tilray raised $47 million in a financing prior to its IPO.  The company then raised $153 million with its NASDAQ IPO – and was valued at $1.4 billion.
Meanwhile, Acreage closed a $119 million financing in July. Armed with 2.5X more cash, Acreage is well-positioned to dominate the U.S. market.
This week, we discovered that Acreage plans to raise $200 million in an IPO financing. In an Acreage Holdings IPO, the company is expected to be valued between $2 billion and $2.5 billion.

  1. Leadership

Unlike a lot of cannabis companies, both Tilray and Acreage have attracted top-notch people.
Tilray is backed by Peter Thiel and investment firm Privateer Holdings. Plus, the CEO has been involved with three cannabis companies in the last seven years.
Meanwhile, Acreage is led by a management team with deep Wall Street experience. CEO Kevin Murphy led a $30 billion money management firm prior to launching the company. And other executives joined the company after working at Blackstone, Goldman Sachs and Apollo Global.

  1. Large Scale

Tilray is attractive because of its large scale. Investors have piled into the stock thanks to its diverse operations in Canada, partnership with Novartis and global ambitions.
Acreage is rapidly expanding across the U.S. With cannabis growing and retail operations in 14 states, Acreage will be a fully integrated company. That’ll result in better profit margins that can help fund the company’s rapid growth.

Acreage Holdings IPO Coming Soon

Acreage Holdings is preparing for an IPO within the next couple months.
I’d expect the company to aggressively acquire cannabis assets in new U.S. markets.
After an Acreage Holdings IPO, the company could be an attractive acquisition target for a wide range of Fortune 500 companies.
With an executive team of Wall Street insiders, Acreage Holdings definitely plans to maximize shareholder value.
There are several undiscovered IPOs and stocks for the Marijuana Buyout Boom. And I’m BUYING them now.
Go here to for my top pot stocks (it’s FREE).
Yours in Profits,
Ian Wyatt

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