Cronos Group Inc (CRON): Cron has done a good job of building a p...

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FUNMAN

Re: Street Smart post# 8446

Thursday, 08/20/2020 11:09:28 AM

Thursday, August 20, 2020 11:09:28 AM

Cron has done a good job of building a proprietary product portfolio.

Legalization to whatever degree occurs next year will be a boon for USA MSO's. Regulations will still protect their capital investments. Pre-rolls and edibles will not be appearing in convenience stores and other soft locations where cigarettes are sold anytime soon. USA MSOs will still have a moat around the product.

Europe might be different.

That said, I wouldn't bet against CRON and the Altria turbo charger.

I could not agree more. However its not just the Altria money. Its their international distribution network too. They not only have instant 225k retail locations in the USA they have close ties to PM. That brings them a potential international deal

There just is no one else in this sector with this kind of potential muscle

Will they ever flex it - 'Street Smart'