As the global economy sinks rapidly into an unprecedented slowdown, Canada’s legal cannabis industry has managed to have itself declared an essential service and, looking back, that’s progress. Patients don’t stop needing medical-grade cannabis just because we are suffering through an epidemic. The economic pounding from the COVID-19 shutdown figures to hit the cannabis industry […]
Category: cronos group inc.
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MarketWatch reported late Thursday, March 19, that Health Canada licensed cannabis producer Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON) asked its employees in a March 10, 2020 email to retain records in relation to “confidential and non-public inquiry by the Securities and Exchange Commission.” The records relate to the way Cronos recognizes revenue related to purchases and sales […]
Did the auditors find a double-dip? It can be maintained that the rollout of edibles and extract products, whenever they ramp up, won’t make much of a dent in the volume of unsellable cannabis currently being warehoused in the inventories of Canada’s licensed producers, but that isn’t going to stop anyone from trying. Background Cronos […]
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