Well CRON is NASDAQ so will tend to be put in place for fundamentals. They do have some catching up to do. But I believe they can and will eventually exceed any justification. Plenty of companies burgeoning in to a new niche for NASDAQ and taken heat, but ultimately wound up some of the best NASDAQ stocks ever. Tesla, Amazon are fine examples of this.
The other part is, relative to NASDAQ investing, the current pps is still incredibly low. You get $5 and less on NASDAQ peeps get nervous, its too low for NASDAQ investors. At $10, NASDAQ stocks are a bargain.
So I believe there will be plenty of support and forward looking catalysts to keep us going short, until the fundamentals start notching up a bit. MJ industry still a 'craze' to many, and many don't understand it as an industry. That is changing, so over time more and more investors will see this as just another viable investment area, like automotive, banking, retail, etc.
Ideally the Q4 show increased revenues, don't have to be anything spectacular, just need to show one more one data showing a trend of upward trajectory.
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