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Nick Halt's avatar

thanks for the write up! few questions: why are they sitting on this bag of money? did they communicate any plans?

how are they gonna grow, are there no possible options to use that pile of cash for creating more growth or even shareholder value?

in this press release they said the buyer of the stayner campus didnt meet their conditions and thats why the deal is off. https://ir.thecronosgroup.com/news-releases/news-release-details/cronos-terminates-sale-leaseback-peace-naturals-campus/

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EiC's avatar

Really excellent write up/ analysis!

Regarding the entry to US market, why wouldnt any potential market share be taken up by the myriad of US based cannabis companies before CRONOS (or ALTRIA) could benefit?

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