(Bloomberg) -- Lakewood Capital Management LP's Anthony Bozza recommended shorting Tilray Inc., Canopy Growth Corp., and Aurora Cannabis Inc. at the Robin Hood Investors Conference in New York City, according to a person with knowledge of the presentation.
Two of these companies, Canopy Growth and Aurora Cannabis, were named new shorts by Lakewood in their fourth-quarter letter to clients in January. Bozza said that it's not a matter of if, but when these pot stocks collapse.
Tilray shares have reversed about 9 percent for the day's peak, turning negative around the same time that Bozza was scheduled to present at Robin Hood.
To contact the reporter on this story: Joshua Fineman in New York at jfineman@bloomberg.net
To contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Arie Shapira
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