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Re: Drugdoctor post# 8128

Wednesday, 05/20/2020 4:12:12 AM

Wednesday, May 20, 2020 4:12:12 AM

Post# of 9237
They can do a lot of things to straighten the numbers in their favor in a couple of quarters. One of them is what you comment, but I consider that they must be acquisitions oriented to the sale and not to the production. Cronos needs to cover new markets while waiting for the US. Canada is saturated, there is nothing else to sell there, they must focus on Europe, Latin America ... places where they can access the CBD, and once they have distribution means and commercial alliances, once the recreational space opens they will have all sales and distribution logistics ready. Chronos can grow quickly if they decide to, but they must move ... they burned a lot of cash this last quarter and the changes in earnings have not been proportional to spending, we have not seen substantial changes.
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