Skip to main content

Jim Cramer Says Cannabis Is Getting Hot Again

Publish date:
Video Duration:

Stock of the Day Tilray (TLRY) is set to report earnings after the bell Tuesday.

Bruce Kamich, Real Money contributor, took a look at Tilray's chart ahead of earnings.

Here's Kamich's takeaway, "With TLRY going down eight months and many cannabis bulls in retreat or wounded, I would guess (yes, guess) that an upside move is not expected."

But Cramer has his eye on the cannabis industry as a whole. 

"I don't like Tilray because I don't like the ownership structure. But cannabis is getting hot again and you might want to buy calls on Tilray? I would rather just accept the fact that I think that Cronos (CRON) is good. And Canopy (CGC) can turn around, and Aphria (APHA) , which is the one that is run by Irwin Simon is very good and had a very good quarter," said Cramer. 

Related. Tilray Could Be Poised to Move Higher

More from Cramer Today

Full Replay: Jim Cramer's Breaking Down Tariffs, and the U.S.-China Trade War

Why Jim Cramer Says the Tariff Delay Had Everything to Do With Apple

Here's Why Jim Cramer Thinks President Trump Changed His China Strategy

Jim Cramer: Here's Why You Should Own Gold

Jim Cramer: What to Take Away From Larry Culp Buying More GE Stock

Premium Pick: Earnings to Tell Whether Cannabis' High Growth Story Is Going to Pot

Ask the Expert: The Scariest Thing All Investors Have to Face

C-Suite: AMD CEO Lisa Su Talks New Chips, Confirms She's Staying: 'I Have A Lot to Do'

Success: Top Women Leaders Share the Keys to Business Success

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below

Related Videos