Curious what's going on with #cannabis stocks?

Here are 5 charts you need to see🧵
$VRNO $TRUL $CURA $CCHW $AYR $CL $GTII Current Ratio: Measures if they can pay current liabilities if due today. Below 1 is bad.

If you exclude inventories which can't all be sold at once only 3 of 7 can pay current liabilities.

Will US LNG bail out the natural gas market?

I spent a week diving deep and I have some news...🧵 LNG certainly looks like it is going to take gas demand and prices to a whole new level.

In this thread I'll take you through all the moving parts, my big conclusion and some stocks I think are positioned to win.

A quick refresher on why investing in US natural gas looks like a home run right now.
#COM #OOTT #EFT The US produces about 100 Bcfe/d of gas.

Outside America, the world consumes 280 Bcfe/d for a total of 380Bcfe/d of global demand.

Owning energy stocks into a recession is usually a bad idea.

Here are 6 charts that changed my mind..

#COM #EFT #OOTT The world isn't spending nearly enough on drilling for oil & gas. 70-80% of cashflow is typical.
We are at 35%, way too little to meet demand

(1)Aphria $APHA is trading for ~$25.

If the Tilray $TLRY merger goes through Aphria investors get $38

A 55% return is up for grabs, but it doesn't come for free.

Time for a thread on "merger arbitrage"
👇👇👇👇👇👇👇👇👇 (2)Merger arbitrage is simply betting a merger between two companies will close when other investors think it won't.

This bet takes the form of a spread between the deal price and the current stock price of the company being bought.