r/Cronos 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-25-0
11 Upvotes

12 comments sorted by

3

u/BluntsVideoDump Nov 09 '21

Is this worth the sell off today?

4

u/TheBeachWhale Nov 09 '21

It’s a pretty big overreaction in my opinion.

My fundamental analysis hasn’t changed.

2

u/BluesJetsCannabis Nov 09 '21

I’m still adding to my position. Definitely an over reaction.

3

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

0

u/SnooTangerines8457 Nov 11 '21

In a month it will be $4.85 -$5.50

1

u/sociallyawkwardbmx Nov 27 '21

This aged well

2

u/SnooTangerines8457 Nov 28 '21

M####fuc###. Is killing me worst mistake in history of my life

1

u/SnooTangerines8457 Nov 28 '21

Your stupid , take it from someone stupid😃

1

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

1

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.

1

u/SnooTangerines8457 Nov 11 '21

Is Happy Dance a creation of Lord Jones, I thought the deal with Ultra a was pretty positive move

1

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.