Is Cronos Stock Gaining Momentum?

Cronos Group is another huge stock to watch. Based in Toronto, Ontario, this cannabis company yields an impressive 2 billion market capacity and a reputation for being one of the big dogs. Current shares at $5.85 down 72% in the past year from $15. At that rate you'd think why would I buy that stock? Well, lets dig deeper

Known for its global reach, low debt, and investor porfolios I rate Cronos Group as a 8/10 on the stock scale.

Marijuana is currently legal in 11 states and legal for medicinal use in 33. Cannabis is slowly but surely gaining steam in the stock markets. States are one by one legalizing and experts see a full legalization taking effect by 2024. For the sake of  planning, if you invested now you could easily see a large ROI in the next few years!

Another Aspect to Cronos Group unique success is their level of global reach. They are one of the few companies who are truly a global powerhouse in the cannabis space. This could prove beneficial to those looking for added security.

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