Bullishcharts

Cronos catches a bid at last.

Long
NASDAQ:CRON   Cronos Group Inc. Common Share
Entry level $7.57 = Target price $9.66
Risk reward for a long trade seems pretty good at this level. If you were buying at $17 why not at $7.
yesterdays bill passed by the House is the first signal for the shorts that it may be time to switch allegiances.
P/e ratio 7.39
Short interest very high at 26.91%
Cronos Group, Inc. engages in the production and sale of cannabis in federally legal jurisdictions, including Canada and Germany. Its portfolio includes Peace Naturals, Original BC (OGBC) and Whistler Medical Marijuana Company (WMMC). The company was founded by Lorne Michael Gertner and Paul Rosen on August 21, 2012 and is headquartered in Toronto, Canada.

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