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I think Germany not allowing marijuana legalization until probably next year has a lot to do with it as well. I was hoping news on that front today but more waiting on that catalyst.
Sounds encouraging but I don't think much will change until legalization hype picks back up.Sometime between early August through November. Just my opinion of course. GLTA
Anybody....Anyone know why the stock shot up .32 today and is sitting plus .36 after hours? Sitting at 4.29
Anybody....Anyone know why the stock shot up .32 today and is sitting plus .36 after hours? Sitting at 4.29
Anybody....Anyone know why the stock shot up .32 today and is sitting plus .36 after hours? Sitting at 4.29
Anybody....Anyone know why the stock shot up .32 today and is sitting plus .36 after hours? Sitting at 4.29
Anybody....Anyone know why the stock shot up .32 today and is sitting plus .36 after hours? Sitting at 4.29
If I remember correctly Cronos said they were trying to have financials ready by the end of February. They also said "Not for sure, but are trying". I would like to see how good or bad we really are. GLTA
Does anyone know what this mornings catalyst is that's driving all pot stocks up over 6%? GLTA
I'm not on twitter, I know. Can anyone paraphrase what was said or done on this tweet? Thank you in advance.
Cronos Group Launches its First Cultured Cannabinoid Product, SPINACH FEELZ™ Chill Bliss 2:1 THC|CBG Gummy
October 20 2021 - 06:00AM
GlobeNewswire Inc.
It's about time. GLTA
Does anyone know what may be the catalyst for the stock surgence that started about an hour ago? GLTA
No news is not always good news. We could sure use some updated pharmacy cannabinoid's news. We selling commercially yet? GLTA
It's quiet out there... Yeah, too quiet. Come on Investor Relations or management give us some updates, good news or something. GLTA
Thank you, Cardvic.
Has anyone heard anything about the commercial sales from the fermented cannabis(or pharmaceutical produced product)that Cronos and Ginko Bioworks have been jointly preparing to release? Ceo mentioned it would be ready for sale prior to September. GLTA
I've seen way too much talk of " stay away from this stock, not recommended, a strong sell for August".... However, I have been a shareholder for several years now and I am getting excited for the near and long time futures. Cronos has way too much going on right now and to offer for this to go any lower. In fact I believe it is going to start taking off if it hasn't started already. GLTA
I really thought that Cronos was going to start taking off today. Hmmmmmmmm. GLTA
I know. Wazzzzup already. GLTA
I know. Wazzzzup already. GLTA
Just curious as to why Altria accepts and allows this. They just need to excercise their warrants, take a 53% control of Cronos and start managing the P&L. Unless there is much more behind the scenes that we dont know about. GLTA
No news, updates no anything. No PRs to push the price up. I hope this is the calm before the storm! GLTA
Mexico voted 8-3 to decriminalize marijuana. Definitely, today it was won. It is a great step for Mexico. Today the right to free development of the personality is respected. Thus, direct or indirect pressure is also placed on the National Congress to regulate all activities, such as commerce and the cannabis industry in general in Mexico, ” concluded Beltrán hopefully. Come on USA. I also read where one of our conservative Supreme Court Justices, Clarence Thomas, said it was no longer necessary to have a federal ban on marijuana. These times they are a changing. Sooner than we think. GLTA
At $9.10 maybe we can build a higher base and even break through the $9.20 resistance. It will be nice once we get back to the $9.80-10.40 range. I believe, of course just my opinion, that we get there within the next month and then it gradually starts to rise due to earnings and fermentation news. GLTA.
I just listened to Klein, Ceo of Canopy Growth, and he said he is very optimistic that Schumer and team will bring forth legislation on the legalization of marijuana probably in the next couple of weeks. Stand fast and hold tight. GLTA
Volume up over 10 million on 2.8 million daily average. This can't be a fluke! GLTA
Anyone know what catalyst is driving the price back up? Or are we do to get back up to the 10's because of the decriminalization efforts being done in Congress? GLTA
I like that Cron is on a slow but continuous up hill climb. 6 of the past 8 days have been green. With deregulation/ legalization being worked on under Schumer and more and more Senators coming on board, with bringing the fermentation process on line in a few months, Mexico legalization coming, just to name a few, it looks like there will be progressive share price and not a whole lot of profit taking until the share prices gets back up to $10-$11. Just my opinion of course. Do your own due diligence. Good days ahead. GLTA
Cronos Group Inc. plans to release the first lab-grown cannabis products to the Canadian recreational market later this year, a move that could usher in a new wave of cheap pot that isn't derived from the plant at all.
While Cronos Executive Chairman Mike Gorenstein didn't provide specifics, he said this year the company will commercially release products containing cannabinoids created using biosynthesis, an engineering process similar to brewing beer that can make THC and CBD for pennies on the dollar.
"Ultimately, the cannabinoids are the same whether they're coming from the plant or from fermentation," Gorenstein said in an interview. "They're completely fungible. It's just when you use the rare cannabinoids, you're able to get them in a higher quantity from fermentation than from cultivation."
Biosynthesis essentially uses simple organisms like bacteria or yeast and coaxes them to become tiny factories that can pump out high-value chemicals like those found in the cannabis plant. The process can then be scaled to create pure cannabis molecules could be made for as low as 10 cents a gram, a fraction of what it costs to grow cannabis plants in high-end indoor facilities, according to a recent report by Raymond James.
"We're waiting on licencing but one of our biggest initiatives for this year is making sure we can actually bring something to the market," Gorenstein said.
Hope this helps a little.
I know, this is a great article. Be patient and hang on. You will be rewarded
GLTA
To many eggs in too many baskets is what will keep Altria diversified and too much to be reckoned with. Happy Easter.
I'm inclined to believe that this could be a positive for Cronos. With Cronos the main marijuana company and Altria just being a backer/ financial supporter, Cronos appears to be a smaller company enabling it to take off when decriminilzation/ legalization come into effect. Maybe this is why Altria is going about their business with Cronos the way it is. They will still have their infrastructure and management for decision making so all in all this could turn out to be a very positive situation. GLTA.
I'm a little shocked at the use and activity on this board. With what the company has accomplished this far, in the very early stages, with everything coming up, sooner than most of us really expect, I expected more dialogue, input and news on this board. Unless everyone is private messaging. Good luck to all as this is within a few months or so from really starting to take off and then by September......enjoy the ride.
Just a little, healthy, consolidation today and tomorrow. Patience will be rewarded. GLTA
New 52 week high. Let's keep up the mo. GLTA
Another question is with the 17% drop in share count how does APHA still control 63% of the company. And if the ticker is to stay TLRY, when new investors buy this stock, how does it affect APHA's new structured share price when the new ticker will reflect TLRY's share price? Just not clear to me yet. GLTA
If the dems pull off a double victory in Georgia tonight, I believe the PPS will break resistance and then watch money pile in. The FOMO will push this for almost a week and then we report financials. GLTA
Along with higher highs and higher lows. GLTA