Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Cronos Group Inc. (“Cronos”) (NASDAQ: CRON).
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SAN DIEGO, /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Cronos Group Inc. ("Cronos") (NASDAQ: CRON). Cronos seeks to invest in companies either licensed or actively seeking a license, to produce medical marijuana under Canada's Marihuana for Medical Purposes Regulations. On August 30, 2018, Andrew Left, managing editor of Citron Research ("Citron") published a report entitled "Cronos: The Dark Side of The Cannabis Space" wherein Left detailed a series of alarming red flags about Cronos. Specifically, Citron states that "Cronos management appears to have been deceiving the investing public by purposely not disclosing the size of its distribution agreements with provinces - unlike every other major cannabis player", the Citron report further claims, "our sources have informed us that it's because the agreements are so small they could never justify the premium investors are paying for the stock". If you have information that could assist in this investigation, including past employees and others, or if you are a Cronos shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number. Additionally, you can [click here to join this action]. There is no cost or obligation to you. About Johnson Fistel, LLP: Contact: [click here to join this action]. View original content:http://www.prnewswire.com/news-releases/cronos-cron-alert-johnson-fistel-investigates-cronos-group-inc-investors-suffering-losses-encouraged-to-contact-firm-300704913.html SOURCE Johnson Fistel, LLP |
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Company Codes: NASDAQ-NMS:CRON |
