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Re: Liam859 post# 3954

Saturday, 12/08/2018 7:22:13 AM

Saturday, December 08, 2018 7:22:13 AM

Post# of 9239
Agree. These next several weeks should be really exciting as more and more big boys (Mutual Funds, Institutional investors, etc) jump on board. Altria bought 45% of the company with an option to buy 10% more. Between them and the mutual funds, institutional investors, private investors I can see a 2-1 maybe even a 3-1 stock split. Remember they (CRON) were going to give Ginkgo Bioworks a large sum of shares also imo:

Cronos Group will issue up to approximately 14.7 million common shares in the aggregate, in accordance with the milestone allocations described below. The common shares allocated were based on the 60-day VWAP for Cronos Group common stock of US$6.81 as of July 17, 2018, when the letter of intent was executed by both parties. The transaction had an aggregate value of US$100 million assuming all milestones are met.



https://www.prnewswire.com/news-releases/cronos-group-and-ginkgo-bioworks-announce-a-landmark-partnership-to-produce-cultured-cannabinoids-300706085.html
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