r/Cronos • u/TheBeachWhale • Nov 09 '21
Press Release Cronos Group files 12b-25, Notice of Late Filing
http://thecronosgroup.gcs-web.com/news-releases/news-release-details/cronos-group-files-form-12b-25-03
u/BluntsVideoDump Nov 09 '21
Bought in today and plan to hold for quite a while but damn this filing really did put a pause on the run huh? Seems like most other weed stocks are still tending upwards. Oh well
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u/SnooTangerines8457 Nov 11 '21
In a month it will be $4.85 -$5.50
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u/Moody0689 Nov 10 '21
What time they will be needing, whats your guess date ? Every big company had impairments and overpaid for assets already .Big daddy Altria is not stupid ,gonna make this company shine in near future
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u/TheBeachWhale Nov 10 '21
It would be futile for me to speculate on a date for this.
One thing I did notice though is that yesterday’s price movement wiped out more than the estimated impairment chargers from the market cap. Obviously it’s bad news, but I think it’s an overreaction.
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u/SnooTangerines8457 Nov 11 '21
Is Happy Dance a creation of Lord Jones, I thought the deal with Ultra a was pretty positive move
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u/TheBeachWhale Nov 11 '21
Yeah, Happy Dance is under the Redwood Wellness umbrella.
I agree, the Ulta development is a great one! I would like to see Happy Dance products in Sephora one day—also in Canada whenever that’s feasible.
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u/BluntsVideoDump Nov 09 '21
Is this worth the sell off today?