Financial PerformanceCronos' financial performance has undermined confidence in its ability to create long-term value, with recent trends showing a decline in gross margins and high selling, general, and administrative expenses.
Geopolitical ImpactIncreased competition and conflict in Israel have led to a gross margin miss, contributing to a reduction in sales forecasts for the company.
Legislative EnvironmentAnalyst remains cautious on US reform, as election years often contribute to congressional gridlock.