Cronos Group Inc (NASDAQ:CRON) is a company that focuses in cannabis production. So far, it has expanded its presence in about five continents. It was today that the business guru provided crucial details regarding Canada’s legalization of cannabis.
Current state of affairs
As a matter of fact, Canada becomes the first one in the G7 group to undertake the legalization exercise. At the same time, it is the second country around the globe to legalize the product for recreational purposes.
The company’s CEO Mike Gorenstein opined, “This is a defining moment that sets the foundation for all participants in the cannabis industry, both in Canada and as markets open around the world. Congratulations to the many leaders and advocates who worked so hard to achieve this milestone.”
Gorenstein says they will continue with their focus of making things better in the industry. It seeks to advocate for responsible leadership in the industry. It wants to encourage others to come up with top-notch products that will impress consumers a great deal.
A closer outlook
The official admits that challenges might pop up along the way. However, he remains optimistic of their success. Gorenstein looks forward to the generation of high end products. They will promote high living standards and happiness among quite a significant number of people around the globe.
Analysts say that the cannabis industry has the potential to thrive and expand provided all the associated parties will play their respective roles. They applaud the wide range of brands in the market outlining their importance towards uplifting lives.
The business guru seeks to do all within its means towards expanding its worldwide coverage. It understands that one of the best ways to make this dream a reality is by boosting its production capacity. It also wants to give the necessary support to cannabinoid innovation.
The company also wishes to thank its shareholders, partners and employees for their undying support in the various endeavors. This business guru also wants to collaborate with Technion R&D Foundation. It is a union that will see these two focus on coming up with trusted and top-notch skincare products.