- Leading the industry forward as the first pure-play cannabis company to trade on the Nasdaq
- Canada set to legalize recreational cannabis
- Positioned for growth throughout the international medical marijuana market
Cronos Group Inc. (NASDAQ: CRON) (TSX.V: MJN), a Toronto-based medical marijuana company, is the first pure-play cannabis company to trade on the Nasdaq. This transition has provided the company with legitimacy and enables investors to better assess CRON’s performance. Listing of CRON on the Nasdaq is a major move for the entire marijuana industry, according to The Motley Fool (http://nnw.fm/8lIhf).
With cannabis deals this year already doubling the total for 2017, and the expected legalization of recreational cannabis use in Canada looming, Cronos has seen sales soar. The company is one of the largest cannabis producers in Canada. It is estimated that the legalization of recreational marijuana use in Canada will generate from $4.2 billion to as much as $12 billion annually. The Canadian Senate is scheduled to vote on…
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