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Excellent find..thanks.
Maybe you are not the right guy to answer this, but why is the info on the page so old? 2017 with no updates? I know there is no moderator, just wondering what happened with some of the clinical trials.
I thought this was interesting, given the problems alot of the Canadian Cannabis Companies have faced:
https://mjbizdaily.com/chart-cannabis-ceos-reap-benefits-beyond-salary/
Looks like CGC:WEED is the latest Canadian Cannabis Stock to put a turd it the punch bowl via their ER. I still feel good about next week. All things considered CRON held up well.
CRON.TO up to 9.66 CAD on the TSX, of course US Markets closed.
Could the Lord Jones acquisition be paying off?
https://www.fool.com/investing/2020/05/22/why-marijuana-stock-cronos-group-shot-8-higher-on.aspx
I started this board because im interested in the stock. STOR is a REIT and Warren Buffet is an investor. I did not chose to moderate this board due to my time constraints, anyone choosing to moderate, feel free. I will add information, as it becomes available. Bear in mind, now is probably not a good time to invest in REITs with alot of economic uncertainty. Happy Hunting.
I have to say, and I agree with their approach or I wouldn't be on this roller coaster. They will never be farmers, CRON is committed to replicating the Cannabis molecules, once this is achieved, they will be the Coke/Pepsi of Cannabis.
I don't consider CRON a sin stock, but it is mentioned in this article:
https://finance.yahoo.com/news/7-sin-stocks-buy-during-170021622.html
Good article and a reminder of what CRON is really about. If the market was about grabbing assets and unbridled cannabis growth then ACB wouldn't have had to execute an R/S.
As frustrated as I get, I occasionally need a reminder.
I just wish we could have an investor conference call, so we can figure out WTF is happening. Israel, in previous ER's was just another effort on the back burner, now its a major event. The 300 million Redwood/Lord Jones acquisition was going to be a game changer, now their products are too high end/expensive and they have to develop products people can afford. What about the other CBD/Hemp parts of the Redwood acquisition?
I guess Gorenstein thinks that his "disruptive technology", that's going to land in Sep 2021 is going to save us, by that time we will have gone through multiple R/S's just like ACB.
I also think the questions asked on these ER's are known by the CRON team ahead of time and not very hard hitting. Its like interviewing your best friend for the school paper.
For those that think Altria is going to swoop in and save the day, Gorenstein had to defer to his CFO when getting into the details of their relationship, which in my mind means there is not much interaction.
Im actually surprised the share price held up as well as it did. I fully expected ACB to be below .10 the day before the split. Anyone have any ideas why it held up as well as it did? Diehards??
Two big events on May 11th that may affect the whole sector:
1. TLRY has 1st Quarter ER
2. ACB executes its 1-12 R/S
I post this because the entire sector including CRON all seem to move in the same direction. Thoughts anyone??
Since CBGA was prominently mentioned in the ER, I was wondering what it is and what it does:
https://www.leafly.com/news/science-tech/what-is-cbga-cannabigerolic-acid-marijuana-cannabinoid
One other thing that bothers me is how they are blaming COVID 19, this is a Q1 report meaning ending 31 March. COVID 19 didnt really start closing and impacting businesses until Mid March. So, what was CRON/Lord Jones etc...doing for the other 2.5 months?
This is a preview for Q2...COVID, COVID, COVID.....
I don't want to seem pessimistic, however nothing of late with CRON or the whole Canadian Cannabis scene as it relates to share price as a whole has been positive. APHA had their ER a few weeks ago and it was quite good, however they got almost no momentum from it. The recent news about Constellation taking a bigger stake in Canopy hasn't really produced the expected lift off either. Very strange days in Canadian Cannabis. I hopeful the ER is positive or at a minimum we don't get kicked in the ass much harder.
Good point. These are not normal times.
I thought about buying for a flip also, however having been in and out of F over the years, it is definitely a stock that can turn you from a trader to an investor (bag holder).
Seems a little weird that Canopy is not up huge in AH Trading, at least the sites im checking.
CRON is going to have to come up with something more than excuses on 8 May, I get it the whole debacle with cannabis 2.0 the covid 19 thing, etc, etc...but at some point either Gorenstein is going to have to produce, or step aside and let MO do it.
And yes, I do realize the whole Canadian Cannabis industry sucks.
When is the last time we had a PR with any update, besides the ER conference calls that just spew the "just around the corner" bs ad nausem?
Just venting after months of frustration.
Hey CRON, where is Redwood Holdings/Lord Jones?????
https://www.econotimes.com/The-CBD-industry-has-reached-new-heights-in-2020-1577201
Just curious why you need to post the current day share price, everyday on all stocks that you are a moderator? You know that pretty easy to find.
maybe i would if i had enough money to but a share or two.
Since before the last economic crash in 2008 people were asking, how in the hell can F be so cheap. Thinking they got a bargain, they bought in, including me. The divi was still intact, so fairly safe, now no more. I wouldn't buy this with my mother in laws money.
I would rate CRON best, but that's just me:
https://investorplace.com/2020/04/ranking-marijuana-stocks-best-to-worst-big-4/
In my opinion compassion is probably the only reason to reenter F. So, good on you for that. Dont expect any meaningful return. If F qualifies for any stimulus the government should demand that the company be sold. This cycle of incompetence and mismanagement has gone on since the 2008 financial crisis.
APHA reported some outstanding financial results yesterday. I dont like to rely on another MJ stock to boost CRON, but until the market starts to decouple these stocks and treat them on their own merit, it is almost inevitable.
More importantly from a CRON perspective, we will take anything positive we can get!!!