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Mckenzie financial Buys shares
https://www.marketbeat.com/instant-alerts/nasdaq-cron-sec-filing-2024-10-02/
Cronos Group Inc. $CRON $.25 coming. All the cannabis stocks are imploding
$CRON Total Debt (mrq) $3.22M
Cronos stock has risen 17% in the past month, indicating a potential reversal from oversold levels. The company's positive business developments, including a German medicinal cannabis brand, could trigger price action.🤑
Close 1.88. I expect more sell off at least until news is released one way or the other re takeover/buyout.
Fireworks in store?
CRON 1.90 AFTER HITTING 2.35
SMH
Cronos Group (NASDAQ:CRON) rose 3% amid a report that its exploring its options after getting takeover interest.
The Canadian cannabis company is working with a financial adviser to handle the takeover interest from companies including Curaleaf Holdings (OTCPK:CURLF), according to a Reuters report, which cited people familiar.
Cronos (CRON), which is backed by Altria (MO), has a market cap of almost $750 million.
Cronos (CRON) and Curaleaf (OTCPK:CURLF) declined to comment to Reuters.
https://www.reuters.com/markets/deals/altria-backed-cannabis-producer-cronos-explores-sale-sources-2023-07-06/
Cronos Group Inc. $CRON Total Debt (mrq) $3.53M
Even that people are growing their own now. My friends friends grandmother back in the mid 1980's had a whole garden of homegrown in her backyard. Then that kid Reme was his name, pulled out a whole 5 foot tree and gave it to me one night. Rode home on my bicycle with it LOL. Tried to replant it behind the shed but it did not take. So I ended up drying it all out in the oven. Crushed it up and tried to sell it one night. These older kids who had a van took the whole bag and said we want to see if it is good first before we pay. They got into their van and took off ripping me off of the whole pound or so. What could I do we were on bicycles. I am sure they got paid back for what they did. Revenge is mine says the Lord.
Medical Marijuana.
I was told by potheads that they now grow their own. You just buy seeds from commiefornia and they ship it to your door. So no need to buy from growers. It is a gateway drug anyway to meth. The people are their own enemies. Glad I never did pot. Friends who have are destitute now. Good luck.
CRON will be just fine along with most of the MJ names. We are moving sideways as of May 20th. There are 2 exceptions, CGC and TLRY. The key is that the MJ sector stopped falling.
I am out. What a waste of dollars. Loss will go towards next tax filing.
Well I am going to sell all my shares at Market right now. This pos is done. I should have never bought at $20.00 like I did. Going to lock in the loss and move on for tax purposes. What a deception. I knew drugs were bad news. No wonder I don't do any of them legal or illegal. Nothing but life stunting and money wasting evil to hurt humanity.
Well this stock went UP IN SMOKE ! What a pos. I should never had bought 1 share at $20.00. I knew I should not mess with drugs, I did anyway and got burned just like the users. Nothing good ever comes out of evil. Especially trying to profit off it. Now I lost another $20.00
$CRON-I sure it going up we are facts an edibility stabling tantalizing. On watch Mj capitalists. Needless to say a shareholders are excited by the prospect of value in.
$CRON with tier current business plan no doubt. A materials are currently on the production site and construction will begin this summer. ? will comes in aid EPS?
https://www.otcmarkets.com/stock/CRON/overview
these big pot stocks like to lose money and go into debt lol i like the smaller ones that are starting to make money better
$CRON has $6.89 Million DEBT
The debt is nothing compared to the turnover and the available cash .
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. It also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada. $CRON
Germany, Luxembourg, Malta And The Netherlands Recently Discuss Marijuana Legalization At a Historic Joint Meeting. $CRON
Biden’s pardons for marijuana possession inject issue into midterms final stretch
https://www.washingtonpost.com/politics/2022/10/07/biden-marijuana-midterm-elections/ $CRON
Cannabis Extract Market - The global cannabis extract market size is expected to be valued at USD $28.5 billion by 2027, according to a new report published by Grand View Research, Inc. $CRON
Germany, Luxembourg, Malta And The Netherlands Recently Discuss Marijuana Legalization At a Historic Joint Meeting. $CRON
HR 5651: The “Fresh Start Act” sponsored by Rep. David Trone (D-MD) would provide federal funding to states that create their own systems of automated expungements. $CRON
“Before moving forward, legislation like SAFE Banking requires changes to ensure that the communities most harmed by our broken marijuana policies receive support and small cannabis businesses can have the same access to capital as large multi-state operators.” $CRON
The global nutraceutical market size is projected to reach USD $722.49 billion by 2027, expanding at a CAGR of 8.3% over the forecast period.
$CRON
The Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act (H.R. 3617) passed the House on April 1, 2022. $CRON
$CRON The current consensus among 14 polled investment analysts is to hold stock in Cronos Group Inc.
Inflation is peaking, and that is ‘nirvana’ for stocks, Jim Cramer says
https://cnbc.com/2022/08/10/inflation-is-peaking-and-that-is-nirvana-for-stocks-jim-cramer-says.html
Cronos Group Inc. $CRON has $944.89M in cash.
Full Time Employees: 626
https://www.thecronosgroup.com
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