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50 Blue Chip Stocks Worth Less than Half as Much as Tilray

September 19, 2018

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Jacob Ellman

 

On July 19th, 2018, Tilray, Inc. (NASDAQ:TLRY), with an IPO price of just $17 per share,  IPOed on the NASDAQ, making it the first company of its kind to do so.

 

Since then, the company’s value has risen to astronomic proportions as it is now halted at $217.75 per share roughly 44 trading days later. Based on this share price, the company’s market capitalization is estimated to be a whopping $20.28 billion USD.

 

With a valuation over $20 billion, Tilray is officially more than double the size of some of the most widely known businesses in the world. This list leaves out hundreds of other major public companies that are now minuscule in comparison to Tilray...

 

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    Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.

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