Cronos Stock Slumps Because Earnings Were the Least of Its Concerns

Bill Alpert - finance.yahoo.com Posted 5 years ago

You have to read 27 paragraphs into (CRON)’s announcement of its December results before they talk about their sales. The Canadian cannabis company’s announcement didn’t even bother to mention its quarterly loss, which was $9 million, according to its securities filings. Everyone knows that the Toronto-based Cronos (ticker: CRON) is far smaller than Canada’s top producers, including (ACB) (ACB) and (WEED) (CGC).

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