Cronos Jumps on Double Upgrade, Tilray Initiated With Perform Rating

"While clearly a high multiple even vs peers, following recent mgmt comments, we have improved confidence CRON is near announcing its launch, in our view a significant catalyst: (1) improving near-term visibility in the largest market for cannabis derived compounds in the world, (2) CRON beginning to flex its near group-leading balance sheet (C$2.4bn cash) and partnerships (Altria, MO) to begin a transformation we see creating a vastly different co. in the years ahead," Carey said.

Interesting article about the recent double upgrade on Cronos Group. I'm invested in this one so it's good to read the bullish comments. I'd been selling the cash covered puts on this stock for months, and kept getting put to the stock, adding a lot more shares than I was comfortable with. I'm now selling the out of the money covered calls, not really worried if I lose some stock along the way. Looks pretty certain I'll have some stock called away from me this week. Although, seems like we are always one tweet away from the market going down hard again, lol.

Read the full story here....
https://www.thestreet.com/investing/cannabis/cronos-tilray-jump-on-analyst-notes-14981982?puc=yahoo&cm_ven=YAHOO&yptr=yahoo