Cannabis may be on fire

So called "Pot Stocks" are expected to move higher as more states allow recreational use, and only 3 states are holding out on any form of use as of today. This is a significant advancement for the industry and we expect this to be a boon for producers of cannabis products.  Shares of Tilray (TLRY) perhaps the largest publicly traded company in the sector have traded sideways for most of 2020.  However, recently share trade at $12.30 up from under $9 last week and we think the stock will continue to move higher.  

We bought the TLRY Feb 2021 $15 Calls for $0.97 today and they expire in just over 1 month from now.