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Im wondering if HEXO is next, following the ACB decision? R/S? or more dilution by toxic financing? They are going to burn through the latest direct financing deal in no time.
I wouldn't be surprised if this was trading at trip zeros by 11 May.
CRON will be one the survivors, IMO:
https://420intel.com/articles/2020/04/09/cannabis-bankruptcies-accelerate-during-pandemic-lawyer-says-survivors-will
That says all you need to know about Zachs ratings. They are about as reliable as Cramer.
Yep, 9 bux is possible for F, if they stumble on a cure overnight for COV19, aside from that 3 bux is more likely.
You are talking about a company that's been in trouble long before COV 19 arrived.
I agree. Although the entire Canadian Cannabis rollout has been a disaster and cannabis 2.0 has not been any better, there are things that CRON could've done to separate themselves from the rest of the competitors and they have shot themselves in the foot
The Lord Jones acquisition has many still scratching their heads, but if you read the press releases both Gorenstein and Adler from Gotham Green Partners recused themselves from the negotiations and Altria didnt seem to mind, so we are left to try and figure out what really happened.
Im still hopeful but Altria probably needs to step it up. Cant blame COV-19 for the Canadian Cannabis debacle, it has been going on long before that hit. Up until this week, the press was touting COV-19 for the Cannabis price revolution with people waiting in line everywhere. Now that seems to have faded. Anyway, just ranting and as frustrated as you are.
I think EMHTF, ACB, HEXO and possibly VFF could be next..thoughts?
Let me start off by saying I'm a big fan of Ford cars and trucks. I am not a fan of the way the company has been run in the last 15 years. It is a disgrace that the share price is this low. The Ford family should sell the company, as they have definitely lost the vision of their founder. Hopefully, building ventilators will give us a boost.
The Ford family are a bunch of entitled pricks that have run this company into the ground.
If F were sold to appl or google, the share price would double within a few weeks.
Remember, this is a marathon, not a sprint.
I guess if the SEC had found the discrepancy...I might be worried. The company self reported it. If the SEC wants to look at it who cares, it is being corrected.
I doubt very seriously if CRON is shaking in their boots about litigation. After all they have MO in their corner, if anyone knows about litigation it is MO. They probably have the best lawyers on the planet.
9 posts in one day, all repeating the same point of view without any facts, just your biased opinion. You really should work on condensing all of your views into one coherent post. We have a difference of opinion. If in the short term the PPS takes a hit, that is expected, we all have known for weeks this was coming. It is quite obvious that you are short and hope this tanks long term. I am equally committed to the position that it will not. At this point I think your posts are borderline spam.
Wow, you sure make ALOT of assumptions. Wonder if you have a short position?? Your attempt to induce panic is NOT Working. We may take a short term hit, but CRON will be back and better than ever.
While not good news, at least the company caught it and is correcting it. I personally am glad it is out there. Now we can move forward.
Here is why you shouldn't listen to these shit heads. Do your own DD
MF and others are constantly writing articles with opposing views.
https://www.fool.com/investing/2020/01/25/better-marijuana-stock-aurora-cannabis-vs-cronos-g.aspx
Mods, I was looking for info on this company and came across this, perhaps you can put it in the intro:
http://www.growgeneration.com/
The Ford family should sell their interest in the company and completely step away. You cant blame the CV virus for the demise of F, it has been a loser now for years. They will be forced to cut the dividend and that will be the end. The share price is lower than it was 10 years ago. They keep hiring caretaker CEO's that dont understand technology and are constrained by the wishes of the Ford Family.
Sadly F has gone the way of GE and so many other great company's.
Compared to the rest of the sector and the market as a whole, CRON held up rather well today.
IHUB has been VERY SLOW for about the last week, having latency issues?
MO ran into a series of unfortunate circumstances that no one could've predicted, especially with JUUL. There had been almost no complaints against vaping prior to MO buying JUUL, then they came out of the wood work. I do believe that was a conspiracy. btw, I own zero shares of MO.
Alot of what has happened to the Canadian Pot Stocks is due to the incompetence of the Canadian Government and miscalculations by the companies themselves.
I am not ready to throw in the towel just yet.
I do think MO will straighten this out with CRON and CRON will come back better and stronger, but there may be more short term pain.
Also, I would expect that a few heads will roll. Thats a good thing, it proves that MO is paying attention to their investment.
You know what, you have made your point. Obviously you get your jollies off of peoples misery.
My guess is MO looked at the books for CRON and said INT WTF???? Better to have it resolved now, however painful.
any proof? or just you smoke too much?
soon below .05.... very bad news around the corner...
Let me know when we get to "support".