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Cronos Group Inc T.CRON

Alternate Symbol(s):  CRON

Cronos Group Inc. is a Canada-based global cannabinoid company engaged in building intellectual property by advancing cannabis research, technology and product development. The Company’s segments include United States and Rest of World. The United States operating segment consists of the manufacture and distribution of hemp-derived CBD infused products. The Rest of World operating segment is involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. The Company’s international brand portfolio includes Spinach, PEACE NATURALS, and Lord Jones. The Lord Jones are hemp-derived cannabidiol (CBD) brand. Its Lord Jones Hash Fusions is a line-up of premium ice water hash infused pre-rolls. Its PEACE NATURALS offers Peppermint CBD, a blend of CBD extract, quality medium-chain triglycerides (MCT) oil, and a hint of natural peppermint flavor.


TSX:CRON - Post by User

Comment by Ghostinthedarkon Feb 18, 2022 1:37pm
131 Views
Post# 34442621

RE:Cronos Group Finally Files Q3 Results, Announces Business Re

RE:Cronos Group Finally Files Q3 Results, Announces Business ReAnd so, since we don't know the impairment figures for Q2, I believe the stock will sink much lower than the recent 4 1/2 year low of $.3.95 CDN (Nov. 2017).

It's interesting how the stock is run up and down prior to earnings---when any informed trader or investor knows that CRON would report a significant impairment charge for Q3.

Now, we know that CRON must revise its Q2 earnings, which will likely tank the stock lower....

Meanwhile, traders will the stock up and down, giving potential investors a false sense of security about price movement.

In my opinion, now is NOT the time to buy CRON, even at $4.44.., given the risks/
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