Bullboard - Stock Discussion Forum Cronos Group Inc T.CRON

Alternate Symbol(s): CRON

Healthcare Cannabis

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 operates through one segment, which is comprised of operations in Canada and Israel and is involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and... see more

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TSX:CRON - Post Discussion

Cronos Group Inc > CEO buys over 500k shares

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Post by cannabisc on Nov 07, 2020 6:30pm

CEO buys over 500k shares

The CEO of the only cannabis companies to report cash positive EBITDA buys over 500k shares

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GTEC Holdings - TSXV-GTEC

https://www.gtec.co/wp-content/uploads/GTEC-Q3-2020-Financial-Statements.pdf

REVENUE of $2.4 million (59%QoQ)

Adj, EBITDA positive $560,000

Sector leading gross margins of 70%

Adj EBITDA margin 23%

$9.29 per gram average rec selling price

Stock up over 10% for 3rd straight day since news release, discounted at .12 cents, can easily make over 60k on a 100k investment by it going back up near it’s year high .20 cents.

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