Cronos Group Inc (CRON)

[JohnCM]

Just getting started ...

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Quote:
...But this isn't the first rodeo. When Constellation Brands invested C$5 billion into Canopy Growth, it was a proof-of-concept that multi-billion-dollar investments from major corporations were possible. In some ways, that investment may have legitimized the industry, especially for somewhat more conservative institutional investors. Here, we already knew this type of deal was possible - since we've seen it before - and so market response may be more muted. For my part, I'm not confident that such a gold rush will happen again ...