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Forum - Wall Street Pit (Tilray - TLRY)    Stock Due Diligence for All

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From: crainiac (Rep: 4191)Date: 04/06/2020 10:23
Forum: Wall Street Pit - Msg #2832126 - List TLRY msgs Thread #674140745 (Rec: 0)
Roy Bingham, CEO of cannabis market research firm BDS Analytics, said he expects the industry to not only ride out the coming economic storm but continue to grow. His firm has yet to revise its prediction of a 30% jump to $17 billion in U.S. retail sales for 2020. “First, you have this existing core demand; 65% of cannabis consumers consume on a daily basis,” said Bingham. “And now you have people who can’t go to the gym or the bar and are locked up at home, where about half of all cannabis consumptions happens anyway.”

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