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CRLBF - After Cronos Finally Invests In U.S. Cannabis Is The Stock A Buy?
August, 30 2021 07:40 AM
Cresco Labs Inc
CRON is a Canadian licensed producer of cannabis. How much did it pay for PharmaCann? I give my estimate for the valuation that it paid for its investment in the US cannabis operator PharmaCann. CRON trades at a huge premium to Canadian peers like Canopy Growth and Tilray, but I explain why the premium may be warranted. Would Altria still invest in CRON if it made its investment today? I analyze the company's financials and investment prospects as compared to US peers. For further details see:
After Cronos Finally Invests In U.S. Cannabis, Is The Stock A Buy?
Stock Information
Company Name:
Cresco Labs Inc
Stock Symbol:
CRLBF
Market:
OTC
Website:
crescolabs.com
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