Cronos Group Inc (CRON)

[cardvic]

As the inevitable U.S. recreational cannabis legalization gets closer and closer, (we all know its coming at some point). I think about the 2 year plus advantage a lot of these Canadian Cannabis companies have had and virtually pissed away. I think every conceivable mistake has been made, from over production to pathetic government regulation and oversight, to gross mismanagement of assets and inventory.

I firmly believe that once recreational is legal in the states and the U.S Cannabis companies come online, there will only be a few survivors left in Canada, probably those with the deep pockets like CRON and Canopy.

The other thing that amazes me about these Canadian Companies is how much their CEO's and staff are drawing in salary. These companies are burning through millions per quarter in losses, looking at the CEO salary you would think they are fortune 500 companies.