Tilray Brands (NASDAQ: TLRY) CEO Irwin Simon is no stranger to making lofty projections. Simon's goal to hit $4 billion in annual revenue assumes that legalization takes place in Europe and the U.S. And in a recent interview with CNBC, he said that once that happens, there won't be another company out there "that will have the assets and the ability to grow and build brands like we will." Tilray also has convertible notes in multi-state marijuana operator MedMen Enterprises that it could seek to convert and take a stake in once legalization takes place (currently it would run into issues owning a stake in the business given the federal ban on pot in the U.S.). Read More...
Motley Fool
Where Will Bank of America Be at the End of 2023?
It’s safe to say that Bank of America (NYSE: BAC), the second-largest bank by assets in the U.S., is a completely different bank than it was after the Great Recession, when shares fell below $4. Toward the end of 2021, Bank of America traded at its highest stock price since 2007, at more than $49 per share, albeit it was a period when most stocks traded at elevated valuations. Let’s take a look at where Bank of America could be at the end of 2023, in a little less than a year and a half.
