CRON - This Move Could Make Cronos the Hottest Pot Stock of 2021
Cronos Group (NASDAQ: CRON) has been one of the safer pot stocks to invest in, if for no other reason than it is backed by tobacco giant Altria , which owns a 45% stake in the business. But beyond that, Cronos hasn't given investors much reason to buy in. With relatively low sales numbers and operating losses in each of the past four quarters, its financials aren't all that impressive.
But now that the company may have an exciting new line of products on the way, I think that picture could change. The company recently made an announcement that could be a game changer not just for Cronos, but for the entire industry.
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This Move Could Make Cronos the Hottest Pot Stock of 2021