SAN DIEGO, Aug. 30, 2018 /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:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[click here to join this action].
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SOURCE Johnson Fistel, LLP