Cronos Group, Inc. (MJN)

[guay]

Yesterday was a big day for the Canadian cannabis industry after Cronos Group (MJN.V) (CRON) commenced trading on the Nasdaq Global Market exchange. The shares edged lower during their first trading day and we are bullish on the company’s long-term outlook.

Cronos will benefit from a Nasdaq listing and we are even more bullish on the Canadian cannabis producer after this development. While Cronos will not immediately benefit from this listing, we expect this move to increase long term shareholder value by improving awareness, liquidity, and appeal to institutional investors.

Cronos just set the standard for Canadian cannabis producers and we expect several of its peers follow suit. We are bullish on this advancement and continue to see upside to current levels. Cronos has attractive international exposure and significant Canadian operations. This is a stock investors need to watch.

https://technical420.com/cannabis-article/7-cannabis-companies-continue-advance-their-fundamental-story