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Cronos Group Inc. (CRON)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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3.3000-0.1100 (-3.23%)
At close: 04:00PM EST
3.3000 0.00 (0.00%)
Pre-Market: 07:27AM EST
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  • w
    wyner
    They had some interesting insights about CRON on http://the-alphatrader.com/. Definitely made me think twice about the company.
  • C
    Cam1
    The promised to finally report earnings by 1/30/22
  • t
    trailer
    Anyone ever use (http://Achieverspot.tech)? Their picks are so much better than the ones shared on this message board!
  • k
    kingofthrace
    Manipulation. Here we go again,. Analysts write that legalization in the US, nation wide, would not assure Canadian growers and producers would know how, or be able to access the new markets. Argument was posed that many companies could not take advantage of the US legalizing these products. Funny thing, we let crayons in made from lead from China. LOL I could not disagree with these analysts and I think they are deliberately lying to get the price down so their handlers can load up. Case in point, the big players with all the cash they carry, could simply buy their way in, once legalization has happened. Buy distribution. This simple fact betrays the idea that "they do not know how to access the market and many never figure out how to access the market". LOL They have big tobacco as their vested partner.... or did the Analyst just gloss over this fact?
  • T
    ThaYoda
    Soon, the market cap will be equal to cash on hand.
  • R
    Rene
    So, the impaired goodwill write off of $200 m for each quarter in 2021 make me think..These amounts will reduce the asset value of the company. Altria own 45% of Cronos and has its board members. Acquiring Cronos will cost $$, so Altria is evaluating Cronos' value. But they want to deduct the impaired goodwill charges from the value. So, Altria saves $400milion from take-over. The adjustment should not take this long. Negotiation in the works?
  • k
    kingofthrace
    CRON and SNDL (and the rest of the major industry) just start Credit facilities for the user base. Interest rates do a Jimmy Carter? 21% ? Fine Make money out of that division. History repeats itself. Silliness. Bidenomics.
  • k
    kingofthrace
    What exactly is Big Tobacco's main business? Be honest. When you answer this question honestly, you then see CRON and DNA's true potential. The model is tried and proven.
  • U
    UNLUCKY ☘️
    This is now trading below the cash value last reported.

    Per all these updates, we should see the new cash balance in just a few days. It would be nice to see a balance that is on trend, which would have this stock completely trading at cash assuming we burned approximately $40-50M.

    I think the markets tend to forget that about CRON. They are not bleeding cash and instead are hoarding it mostly.
  • R
    Robert
    Tweekers running this company. Shysters. The kids who used to sit in the back of classroom making Chewbacca sounds.
  • B
    Baby
    MO owns 42% , No debt. , $1 bill cash , sales have grown through covid lock down. $23 mill 2019, $46 mill 2020, proj $120 mill 2022...... trading on current business........ no premium for upside global opportunity
  • b
    barry
    So the way this plays out MO exercises is option to take control - then does a tender offer at 25% more than current stock price after buying 10-20% of remaining float at market. However until US legalized hands are tied
  • s
    swisherSWEET
    bought more today at $3.14! i think we hit our bottom! i hope 🤞
  • J
    Jim
    CRON upgraded to hold by Jeffries.
    Bullish
  • k
    kingofthrace
    Future possibility: Cronos 1 card. Buy your edibles with the low interest rate of prime plus 4. Get valuable discounts and coupons. yada yada yada So what if interest runs at 21%? Klingon edibles are the **STUFF**
  • L
    Len
    Why not have a Cannabis Legalization Lobby Group
    and vote out of office any hack who will not pass More
    Banking Act?
  • J
    Jo
    They have the best weed by far, spinach is an excellent premium quality weed. They definitely know what they're doing when it comes to there buds ( flower ). They consistently got sales reps at our local dispensary as well
    Bullish
  • R
    Random
    Village Farms International, Inc.
    Rough day for the potstock sector.

    And yet, another day, another sector outperformance. An added bonus: Only 2.5 days left for shorts and hedge funds to cover their naked positions on the TSX.

    VFF went down 3.36% today compared to:

    $ACB down 3.54%
    $TLRY down 4.34%
    $SNDL down 4.81%
    $CRON down 5.26%
    $HEXO down 7.07%

    Stay strong Villagers! The best is yet to come!
    Bullish
  • P
    Pro
    insiders selling and not buying..what does that tell yall...lol
  • T
    ThaYoda
    Market is not pricing in a lot of future growth. More than 2/3 of the market cap is pure cash.
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