Today actionToday we had to fight 2 trends, USD and Cronos
Cad appreciated before start of trading then suddenly fell and pulled down securities that were trading on US side, aka Canopy, it’s the reason Aurora held better
Cronos created negative mood and if it doesn’t reverse tomorrow, we may have a sad morning
In couple days, maybe even by the end of day, it will decouple from the rest of MJ market, because company isn’t that big.
Also we have 1 less player to worry about for Diageo deal. Everyone was betting that Cronos is the one, now Diageo won’t touch it.
Now it’s between Aphria and Aurora, but when????
Diageo said that these deals could take awhile to work out