CRON

Kbarbs4421

I call bullshit on that. Hile true in theory, its not true in practice. I've had accounts with Schwab for more than a decade now. Not once have any of the equities I hold been subject to such restrictions, and I've held some real sketchy shit at certain points. And these are some of the strongest companies in the sector with respect to balance sheets, reporting compliance, leadership, institutional investment, etc. CRON, VFF, SNDL. Meanwhile the underwater sketchy ass companies are still good. I get your point, but it's a bit disingenuous.

JohnnySquesh

Yeah CRON hurts. I'll call tomorrow. See if I can get an answer

Kbarbs4421

Add CRON to the list as well. Same error message.

Kbarbs4421

Fuck me, CRON as well?! Just tried it on Schwab, same error message. Why all the most solid LPs? This sucks.

JohnnySquesh

I'm a little late with this post but before New Year, I was getting "Not Elegible for Electronic Entry" on ACB. A few days later it was fine. Still is. CGC still fine. Jump ahead another week and now CRON not eligible. I did not call in because I was hoping CRON would correct itself like ACB did. Has anyone gotten official word on the matter?

Kbarbs4421

Managed to get filled on some longstanding limit sell orders for cash-secured April 2.5p and 3p on CRON. Sector is green and CRON hasn't dropped...would love to understand the market dynamics that led to the sudden fills. IV repricing around OPEX?

EntropyAccount

unless you really understand it, and specifically this tiny sector, I wouldnt play options that aren't very long dated and either ITM or close. I've got some calls in CGC and CRON for Jan/Mar 2028.

EntropyAccount

Just curious what % of your investments/savings are in weedstonks? I like to tabulate everything quarterly (not including defined pension). Looks like I have 1.23% in RRSP and 3.83% in TFSA accounts. It used to be sooo much more like 4 years ago but thats how i fucked my accounts up. Thank god for Google and Trumps's DOJ really, that helped restore my shit. Anyways, I got some GTI and some CGC call options for Jan 2028, plus like 100 MSOS for a trade. If this gap closes, I'll probably add MSOS as a trade but also maybe long dated CRON calls. I've liked Kovler from the start ( bought these back in like 2019 or whatever before covid and before MSOS) but not sure if the MSOs and state-by-state thing will work long-term for S3 and FDA. I could be wrong, but I'm holding the best MSO operator so I dont need them all. I also feel like a strong alcohol/tabacco/pharma company will know how to navigate this well so hence CGC/CRON calls. What's your strategy and how much % are you betting on this sector?

Cactuscouch757

Open net gain: CBSTF: -93% CRLBF: -61% MSOS: -48% CRON: -18% MO: +25% This sector has really stunted my investing career.

the_mammynun

If I wanted to invest in cash I'd invest in CRON. SNDL has solid retail assets in Canada (Nova, Inner Spirit Holdings), but they were both acquired via M&A. I prefer companies that prove they can grow organically. It's really important that management has an innate drive to network and innovate. SNDL's cash position is only proof that they can opportunitcally dilute shareholders to smitherines. SNDL's US assets don't interest me in the slightest. They got in too early. US entry needs to be extremely patient and thoughtful. There is plenty of time to enter what will be the biggest market worldwide. The winners won't be decided for another 10-20 years.

MidWestFineese

There are going to be some massive upcoming changes. CBSTF is going to get bought out by one of these companies.. or alcohol, tobacco, pharma. It's the only way in for these billion dollar companies.. is acquiring an already existing operator. That's why I am here as well as uplisting. I have been saying this for years. With a billion dollar backing, no 280e, there's going to be some massive upside. Wouldn't be surprised if SNDL or CRON acquires them. Cura is the sole operator I think will run on their own, they are too huge for anyone to pick them up. This sector will be great it's just a matter of how long yoy want to put up with the manipulation before you exit due to mental health or we get uplisted. These talks about acquiring these companies have already been in the works waiting on schedule 3.

bananastock

I got stopped out of everything and sold most of my options. Feels weird. Bought tiny bits back of tilray, Cron, Gtii and CURA. I have 2027 calls on CRON and MSOS left. If we drop far enough I'll buy leaps to benefit from the ER that triggers larger profits (or smaller losses) when 280e is removed.

heliumbox

GTIBF, CRON, maybe SNDL Only companies I'm fairly confident won't dilute for operations.

Wild-Resist-8527

I’m hoping, holding CRON since august

Cactuscouch757

yeah ive been building a MO position while this sector has been bleeding me dry. Ill hold MO and CRON but otherwise, im gone.

AverageNo130

CRON down 3.86%

GuyOnTheCouch420

CRON has altria partnership and Cox partnership (largest ag company) and more cash than anyone. So probably a laggard too

Wild-Resist-8527

I this happens tomorrow, what can I expect with my investment in CRON ? I see it reached all the way up to 19-20$ (CAD) in 2021. Does it get back there, or will they need to do an acquisition in the US with their pile of cash to make it happen ?

heliumbox

Most other names make me nervous about a rug pull when they go up, GTBIF I just hold. The downside is always limited, along with the up. I personally don't believe in holding basically any other name in the sector long (other than maybe CRON since they have so much cash). As far as I can tell they're the only "investment" in the sector for non gamblers. The last few years have been horribly disappointing, being dragged down with the rest of the garbage, but I still believe at some point financials will beat out the memes. Being frugal and risk adverse (in an extremely risky sector) has its own opportunity costs though.

bananastock

Biggest holding in the sector is MSOS shares and calls. CRON calls Bunch of little bits here and there of other stocks.

heliumbox

TLRY and CGC up bigly. CRON SNDL VFF HITI all hardly moving despite drastically better financials. Sector is so memey

Kbarbs4421

CRON showing unusual volatility today. Kinda wishing I would have wrote some covered calls this morning....

Stocks_N_Bondage

Weed play: Long: CRON TLRY MJ Calls: ACB

Stocks_N_Bondage

Long: CRON TLRY MJ

Wild-Resist-8527

CRON still up 5% in pre market, I can live with that

Muchruckus

I’d go TLRY (just did a reverse split, has short squeeze play potential), GTBIF (overall outstanding financials and healthy balance sheet), and CRON (sits on almost $1 billion in cash and is owned/backed by Altria who owns big name commercial brands Marlboro & Anheuser-Busch).

Kbarbs4421

I'm positioned well but wish I would have had a few more chips on the table. Overweight GTI, exited a quarter of that position today. Had a modest RYM position bought nearly at the bottom, managed to fully exit that for a nice return. SNDL is locked and loaded, hopefully it will catch up next week. CRON is a long I'm not selling. And then MSOS....ugh. That's the disappointment. I hate that etf, only swing trade it. Got caught in it on the downturn, wrote a bunch of covered calls that I didn't manage to exit. Currently locked into them and will likely be forced to sell way too low in the end. Which is a bummer, but I'm fine with it. I was set up well on that position had we flushed further. Probably more detail than you were looking for. But I'mfew cocktails deep poolside at the hot springs with no one to blab about this to. Ha. How about you? Feeling good about your positioning?

sdkiko

Yes, I did. VFF, HITI and CRON. But they are small positions ($1-2k) invested in each. My VFF average is $0.78 usd. My GTII investment was 10x as big.

AverageNo130

CRON up ah +4% on strong vol

sdkiko

My holdings are GTBIF, VFF, CRON & HITI

heliumbox

CRON gonna finally break over 3.20$ for the first time in 3 years? Find out *SOON*.

Wild-Resist-8527

Looking at CRON graph What is this, a bump for ants ?

oogswayed

MSOS vs CRON cannabis play?

oogswayed

Fuck it I’m in on CRON

Over_Explanation3348

There was a 500K call buy on CRON 2 week expiry..

Ok_Cry7572

MANGO Plans Executive Order to Reclassify Marijuana as Schedule III, Easing Federal Restrictions There was a 500k call on CRON yesterday-they sell cannabis Someone knew..

Fatsaudi

Cannabis plays $MSOS , $GNLN , $CRON

Wild-Resist-8527

My marbles are on CRON, which was always less volatile then the other options. Here’s to hoping it has a big spike like the rest of them tomorrow ! +30% at open would be nice

Frenchyyyy4166

Makes sense why whales were buying calls on CRON and MSOS all day yesterday lmaooo

AverageNo130

CRON going up and down like a pogo stick over $3.00

OX45-Tall

Guy repeats himself a bunch but it’s not like what he says is wrong or incorrect. I don’t get why so many people get so bent out of shape at his comments instead of just moving on to the next one…. Doesn’t say negative things about CRON, OGI, Auxly etc or other LP’s or weedstocks.

Zealousideal_Bug7026

Anyone in on CRON?

TomorrowLow5092

International brands are kicking ass. Good luck CRON with your new venture in the Netherlands.

bananastock

Dang, CRON getting rewarded for prudent spending.

heliumbox

Imagine if TLRY diluted just as much but instead of buying shitty brands they just invested it like CRON. They could basically be a bank by now.

Kbarbs4421

Take a look at the CRON chart for the past month. Hasn't really bled much at all. Notable divergence from the broader sector trend.

bananastock

CRON with 28M net income!

1_FCKTRD

Here are a few bullet points taken from the CNBC article this morning: 1. "Companies In This Article" WEED-CA +0.01 (+0.58%) TLRY +0.01 (+0.75%) CRON-CA+0.12 (+3.52%) ACB-CA +0.22 (+3.26%) Same Old CNBC Bullshit Just a Different Day. When referring to the US cannabis market, please list US companies. 2. "Publicly traded cannabis companies have seen their share of ups and downs." "Verano posted a net loss of $44 million, partly due to a $5 million impairment charge on a facility in Pennsylvania and $10 million in legal contingencies as a result of a settlement." Wrong. It was 11 million. 3. Next week, two U.S. cannabis giants, Curaleaf and Trulieve, are set to follow in reporting earnings. Forgot to mention that the largest U.S. cannabis company, GTI, reports next week. 4. "We could be looking at a true inflection point for cannabis. If reforms move forward, it could attract more companies to do business in the U.S.,” Tilray CEO Irwin Simon told CNBC. How many more times do we need to read this same old quote from Grease Ball? 5. "Cannabis legalization in the U.S. Recreational cannabis is legal in 25 states and the District of Columbia." The color code on the map is incorrect. 6. “It’s a big stretch to say a post or two is a fully throated endorsement of reform,” Sabet told CNBC. “A lot of times his posts don’t line up with formal policy positions.” I can't wait for the federal government to finally take action and implement a policy to shut this guy up. 7. "Two days after the fundraiser, Trump made his “looking at” comments about marijuana’s classification." President Trump also said we should have some type of determination within "a few weeks," but now it's going into the third month. 8. “For many of us, it’s not a question of when but what the regulations will be and how they’ll be enforced,” Gorenstein said. “If the next administration delivers clarity, that alone could shake up this industry.” Please tell me you meant to say "the current administration."

Kbarbs4421

I'm personally liking the relative strength on CRON. Also notable is VFF, though a bit weaker. The RYM chart is also strong, though tough to extrapolate anything from such a thinly traded stock. Everything else is looking tenuous right now. Any other charts showing relative strength out there?

Kbarbs4421

I'm long GTI, CRON and SNDL. Though I plan to cut the majority of those positions when/if we get tangible reform progress. Came into this sector as a naive newbie dedicated to the power of the long hold. But a lot of hard knocks have taught me that this ain't the sector for that sort of strategy. So I now trade it for what it is.

Kbarbs4421

Interesting. Appreciate the suggestion. I'll give it a look. Like BHOmber, I'm not willing to touch 90% of this sector, in my case even for a couple of days. I'll only touch the few companies that I currently believe won't chew me up over the longer term. That short list includes GTI, CRON, and SNDL. I'm currently breaking my rule for RYM and MSOS but both will hopefully be short term trades. I haven't looked into ACB for a very long time, though. I feel like I caught wind of an improved balance sheet. That true? I'd love to get your

Kbarbs4421

Man...ugh. I also harbor dreams of selling calls on GTI. Thought I'd be doing that many years ago. But like you, I fear we may still be years away from that. My options are mostly limited to SNDL, and a bit of CRON. Though the latter doesn't usually offer enough juice. I do have an MSOS position at the moment, strictly as a trade that I hope to be fully out of sooner than later. I hate holding MSOS and try really hard not to do so.

Kbarbs4421

I use both as well. Long GTI, CRON and SNDL, and trade around them. And then swing only on MSOS.

Kbarbs4421

GTI and currently SNDL. Though typically #2 would be CRON. I just happen to be overweight SNDL mid-swing.

bananastock

Look at CRON chart

bananastock

I'm loaded to the tits with Jan 2027 calls on MSOS and CRON

v0rt

Nearly dumped all my weed calls on Friday. Loaded up (CRON/SNDL/TRLY)shares and 1/16/26 calls in July when everything was cheap but volume was picking up, thinking it was just going be a P&D move. Tomorrow could be insane.

heliumbox

CRON, HITI, and OGI basically only names left in an uptrend?

No-Confidence232

Alcohol is a boomers vice. Us youngins prefer mother natures medicine (MNMD, CRON, XLY, MSOS)

SneezyPorcupine

Yes, this. And if weedstocks continue to rise, the CRON play gets more tenuous in my opinion. Both CRON and SNDL were sitting on equivalent massive cash piles a few years ago. CRON hung on to the cash for (at the time) high bank interest and did nothing with it as a hedge. Now interest rates are coming down and they didn’t really take a position in other places during the depressed prices. SNDL blew a bunch of cash taking risks but also took some interesting positions that may have very asymmetrical risk/ reward IF this cannabis experiment plays out. So far, the jury seems out and neither seems to be any better or worse for it.

Kbarbs4421

I'd include SNDL, CRON, OGI in your comp set.

GeoLogic23

I own CRON, and would have to double check, but aren't their earnings not that great? I think they only look solid because they include interest gained on their huge cash pile.

heliumbox

CRON is one of the stranger stocks in the sector with a solid earnings record but small numbers. Any significant surprises to earnings could actually move CRON up unlike most names.

bananastock

CRON trying to break thru resistance

Wild-Resist-8527

Up 5% on my CRON, any news I’m missing ?

Nicaspin

Top Cannabis Companies I own by EPS (TTM, GAAP) 1. Green Thumb Industries (GTBIF) — +0.11 2. Cronos Group (CRON) — +0.05 3. TerrAscend (TSND.TO) — +0.01 4. Cresco Labs (CRLBF) — −0.14 5. Jushi Holdings (JUSHF) — −0.30

GenXist

I was paying $911 a month in child support. I was earning $30k-ish annually at the time. Made every payment, but there was NO money for Apple (even after it split - and split again). When I finally got the kids paid off and could afford NVDA at $5, you regards know exactly what I did. Calls on CRON.

DeZi_xP

I was in this boat a couple times. Weed had one good run back in the day, was trading in and out of TLRY, CRON, and CGC, but all went to hell since and it’s going to take a huge momentum wave to start this uptrend + continuation with so much shorted. But look at what happened to TSLA past two days, most shorted MAG 7 and up 10% with room to run cuz shorts having to close their positions. Especially if legalization is on the table/

Kbarbs4421

Zoomed out and found the likely explanation on the 10-day. RYM fail much harder than the rest of the sector last week. On the 10-Day, it's basically even with CRON/OGI, which are the strongest in the sector atm. Speaking of....LPs fared pretty well this week, relatively speaking. A few even managed to be up on the week.

AverageNo130

CRON is now about 42 % avg daily vol. CURLF about 62 %. They seem to be on track to avg trading vol end of day.

SneezyPorcupine

I am both a High Tide shareholder and a proponent. I’ve also been in the green on my long held investments for some time now and follow the company’s financials and progress somewhat closely. The reason why it doesn’t get the attention it “deserves” are a few fold but in my opinion somewhat simple. First, they’re pretty much a retail-only business. They’re not plant touching and are for all intents and purposes a reseller. On that measure, I’d argue they aren’t even really in the cannabis business. They’re in the commercial real estate business and should be getting compared against other retailers (Couche Tard, Lululemon, Aritzia, SNDL’s retail division, etc.). Getting good leases and dollars per square foot is do or die in that arena. And credit to them, they are doing generally well on this front. Despite many challenges over the years, Raj has shown generally good acumen, which I attribute to his savvy as a longtime retail entrepreneur. The larger issue is even despite their dominance in Canada and the millions of dollars in quarterly revenues to back it up, they are still just taking a share of what is ultimately a rather small pie. I don’t really consider them to be measured the same as an MSO in the US who can own nearly as big a retail operation in a single state AND have the vertical integration to sell its own products. That’s not to say you can’t make good money on it. I hold it because I’ve gotten slapped around in all my pure plays cannabis cos and t’s nice to hold something that while quasi-related to cannabis, also shields it from its many downsides by being a “boring” retail business. While I do think the future remains bright for HITI, I consider the recent share purchases by SNDL and the investment by CRON as bellwethers that the bigger guys are going to eventually make a consolidation strike against them. If the former manages to do that at an attractive valuation, they’d become the definitive cannabis retailer in Canada by footprint, but these are longer term considerations. For now, I continue to hold for the quarterly improvements that have rewarded me and wait to see if macro changes have a more profound effect on share price.

MeetIndependent1812

My league of hopefully future winners are as follows: -lean, mean and fast - VFF and HITI -medical and international - ACB (heavy bags though) -sleeping giants that move compared slow but steady SNDL and CRON -big boy but oh boy been you lagging behind - TLRY Then I have also some in Cresco and CGC. Those are to me like the funny siblings. Who knows. Might become doctors one day or end up in smoke.

Wild-Resist-8527

CRON is my cannabis play

Kbarbs4421

Ha, I personally prefer MO + CRON + GTI. That marriage might produce Octomom multiples.

Kbarbs4421

Agreed. But only a few have crossed so far. LPs led the way with VFF being the first to cross followed by CRON, OGI, and most recently SNDL. On the MSO side, TRUL and CURA have crossed while the other top tier names are currently approaching.

bananastock

I looked across the big players in the industry for the highest % ownership and the two that stick out were CRON and Glass House. Doesn't mean they will be the best performers but I like it when the management has a lot of skin in the game.

Wild-Resist-8527

As a canadian, my cannabis play is CRON for now, as I feel it’s the best upside adjusted for risk. but I’m looking for potentially another ticker. Any suggestions ? On the TSX

AverageNo130

CRON at 85% now of daily vol.

GuyOnTheCouch420

I like HITI, but you do realize Aurora owns Pedanios and has been in Germany for like 7 years. TLRY owns CC Pharma. It’s not like LPs aren’t in Germany already in some way. Maybe CRON because they are expanding capacity and just loaned/invested in HITI but they are in Germany too

bananastock

I don't swing trade. I don't really have time to look at my screen most days. I slowly build positions and hold until catalysts. I didn't think it was gonna take 7 years to get this done, yet here we are, close to the finish line. I think. Because I don't swing trade, I need a margin of error. That's why I sell options to increase or decrease my position size or take advantage of high volatility. Alternatively, when volatility is very low, I'll buy calls if I anticipate a catalyst ahead. Over the last several months I loaded up calls on CRON that don't expire until 2027. I did this because of the low volatility and cheap premium and stable company which gives me lots of leverage. When it comes to your swing trading I like that you chose fundamentally sound companies (although I don't know much about sundial) but they won't move as much because there isn't as much risk/reward. However, I bet it helps you sleep at night which is much more important.

bananastock

I'm not a super forecaster but I try to model their abilities. I agree with you for the most part. My largest position is CRON because of its relative safety.

wentzco

52-week high club hit today (did I miss anyone?) Vireo Growth - VREOF Cronos Group - CRON Village Farms - VFF Jushi Holdings - JUSHF Cannara Biotech - LOVFF Decibel Cannabis - DBCCF C21 Investments - CXXIF Turning Point Brands (TPB) also hit 52 week high - has Zig-Zag & Stoker’s Brands Vext Science (VEXTF) also close enough to $0.20 at $0.1998 to be mentioned

UsedState7381

I'm not sure about CRON, but absolutely keep the others, in case all of the rescheduling process goes caput you will need stocks that are completely or mostly free of debts.

Forest_City_Frolfer

I don't think Canadian companies will directly benefit from Rescheduling no. I think there are a few Canadian companies that could compete in the US if weed was legalized today. CRON being the most likely. The other Canadian companies either aren't well capitalized enough to buy in, or are not well run enough to seriously compete (Tilray, CGC) Now, the hype from US legalization would make the entire sector soar, and every cannabis company globally would do extremely well during the hype. They will all promise US entry, and whatever buzzwords make them sound like the best. But I think the competition will be so incredibly fierce it will be nearly impossible to pick winners at the outset. I still think US legalization is many years away. I don't think it will happen during Trump, and I don't know who will win the next election. I'm mostly invested in Canadian companies because they are very undervalued in my eyes and the longer it takes before legalization, the more competitive the top Canadian companies will be. You can also see direct results of how they are doing, and there is less speculation required. I also think the Current MSOs will have a lot of trouble with full legalization, since they will have lots of redundant assets with the current state by state model. I still own GTI since I see them as the best US company, and I wanted some US exposure.

AverageNo130

CRON pre-market +21%, +$0.49, at $2.79

Nice_History5856

Anyone have thoughts on the CRON(ic) or green thumb. They seem to have better financial situations than a TLRY

NoRiskNoGainz

MSOS is the only weed ETF I know. People have been talking about SNDL and CRON positively recently. My fucking dumbass bought TLRY right before their earnings and went down 20% almost over night. So don’t fucking buy TLRY.

GuyOnTheCouch420

Yea and I think people don’t know the real value of the US stuff they bought - given 2/3 went bankrupt I’m sure it’s less than what they paid. I’d say almost everything they bought is worth less than they paid. Would you rather have the billion dollars they had or the assets they have now? SNDL played it better than Tilray or Canopy, but I’d still rather be in CRON’s position - sitting on cash ready to deploy and exclusivity with Altria. They could buy out SNDL all cash and still have more cash than anyone. Although I think PharmaCann is worth nothing.

Forest_City_Frolfer

I actually really like VFF and CRON I'm down bad on VFF (I forgot about them) but I think they are making a really good decision divesting the produce business. Their operations are just quite complicated right now so I was going to wait for an earnings or two to sort out how their new produce agreement looks. CRON is really boring, and I love it. Just sitting on a huge chunk of cash waiting for everything to sort itself out, then make their moves. Their investment on HITI is interesting, and they are popular enough to pump big of the US legalizes. I also love how they've grown the spinach brand and captured so much market share without acquisitions. OGI has kinda disappointed me. They just seem to be consistently mediocre regardless of the moves they make. I sold them when Beena left and lost quite a bit on them. They have a lot of potential, but they've never really convinced me that they can do anything with that potential. Decibel I feel the same way, they've just been mediocre. Came out and posted some profits, then fell apart and have just lingered around since. As for what stock to buy? After the recent price bumps for LOVE and XLY I kinda expect them to sit around for a bit, but they both look awesome long term. VFF and CRON I think have more short term upside but they still have a lot to prove. If VFF starts posting positive net income I think they will have huge upside.

GuyOnTheCouch420

Thanks appreciate the color. What do you think of XLY/LOVE versus VFF/CRON? They both have higher EVs so I feel like it’s a hard jump to make. Kinda same with OGI but the mgmt uncertainty prob holds it back till there is an announcement. Decibel I think is bad. They came out really strong a couple years ago and just haven’t had momentum since. Feels like instead of fixing their biz they just bought a bankrupt international supplier right when it feels like international is getting tough

Forest_City_Frolfer

I just sold MTLC last week before they announced they redid their debt. They have the most efficient operations of any company I've seen in the sector, but their balance sheet is absolutely atrocious. Now that their debt is redone they doubled in value, and they are a bit too pricey for me to comfortably jump back in, so I jumped ship too early. ROMJ is a company that I really like. They've been on the verge of profitability for like 2 years now and just been unable to break even. They started selling vapes recently and that really helped their sales, and they just bought a production facility off medipharm labs. They still haven't shown any consistent profits but their balance sheet is decent, their operations are good, they were limited by capacity. I am a bit hesitant on them because the new facility will likely be expensive and that could cause them financial problems, but it was necessary for them long term. If there was more M&A in the sector they'd be a top tier buyout target for any company looking to take over the premium cannabis and topical niches. If they make those improvements to start posting profits I think they'll see similar price action I've also been watching OILS (Nextleaf Solutions) and DB (Decibel Cannabis) but haven't jumped in yet. I got burned on Decibel a few years ago and their balance sheet needs a hazmat suit. Oils turned a decent profit but they are a tiny operation, and they'd either need to get acquired, or expand and they aren't quite in a good spot for either. You are right about XLY being a big company now. They have a lot of assets and they are doing very well in sales. But for years Canadian LPs were essentially only (TLRY, CRON, ACB, CGC) and SNDL sometimes. So they had the most visibility and no one would touch the penny stock companies. It makes sense, these companies were household names at legalization and they've slowly burned that goodwill over the years since

GuyOnTheCouch420

Those aren’t the big Canadian LPs anymore. ACB barely in rec in Canada. they are basically a international medical company that will do well short term but will be tougher long term because they’ll have to fight with tighter margins like Canada. CGC is dead and a dumpster fire. TLRY is Frankenstein dilution monster. Look at CRON, VFF, OGI. Along with XLY and LOVE (I think both are good but too expensive), those are your big Canadian LPs now. ACB isn’t a bad company, just hard to compare them to others. They need new international markets to keep going but mgmt has done a good job with what they were handed.

LandStander420

I didn’t realize CRON was in a buyback. The only reason I was holding off on CRON was because shares issued was a little high. Not at all bad for this sector but a tad high, I think 380m off the top of my head. But if they’re in the middle of a buyback, now would be a good time to invest.

LandStander420

Got my eye on CRON. Lots of cash & almost zero debt. But with PA about to go Rec, GTBIF & TCNNF

GuyOnTheCouch420

They are profitable, no debt, trade well below cash, have some assets/investments that no one talks about and a good business with great trajectory...and they have a buyback in place. The fact that this trades at negative EV compared to massive EVs like TLRY and CGC is pretty nuts. I dont short, but if i did shorting CGC/TLRY and buying CRON/VFF would make sense.

GuyOnTheCouch420

Starting to worry about oversupply again. TLRY, CRON, XLY, LOVE have all increased capacity too. I think just TLRY and CRON alone was over 100K KG and I dont think it's hit the market yet. Cant find the XLY number but i know they had a big facility they weren't fully using and said they were going to start using more and more. LOVE was 10,500 KG more per earnings last week (they seem to be a different price tier than the others, but still) and they also have a huge unused facility like XLY. That's a lot of extra product...And i'd bet the smaller ones are ramping too. If Germany doesnt keep growing faster gonna look like 2020 again. That being said i do think VFF has a cost structure that they'll be hurt less, but still would affect the margins.

GeoLogic23

Ok..... You know what I'm asking. Why reply like this? lol What do you not like about OGI compared to a CRON/SNDL?

Kbarbs4421

Credit to u/Wild-Resist-8572 for sourcing and posting this to the sub. Automod bounced it, so I'm reposting it now. Here is the companion comment from Wild-Resist: > New to this sub. > I’m recently considering opening a position on a weed stock, and stumbled on this Substack post on Cronos Group. > Thesis is that two main catalysts can come about in the nearish future, some changes to the legislation reform in Canada that gives some breathing room locally, and obviously opening up of the US market where Cronos would be well positioned because of its partnership with Altria. > I tend to look out for low risk plays as well, and CRON feels like the less risky investment in regards to its balance sheet. They can afford to wait it out compared to its competitors. > What does this sub think ? Is now a good time to bet on Cronos ?

KAESLAX

Been an interesting year for the LPs - first time many of them are (just barely) posting FCF positive for the year, and both CRON and ACB have positive profit margins as well. Cash flows look much better for the MSOs, but GTII still the only one posting positive profit margins.

bananastock

Only 3 investable companies. CRON, SNDL and GTII.