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Cronos Group Provides Bi-Weekly MCTO Status Update

Cronos Group Provides Bi-Weekly MCTO Status Update

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On November 9, 2021, the company announced that it applied for a management cease trade order with the applicable securities regulatory authorities in Canada on the basis that the company would be unable to file its Quarterly Report on Form 10-Q for the period ended September 30, 2021 with the U.S. Securities and Exchange Commission, together with its corresponding quarterly filings in Canada, by the applicable filing deadlines. The MCTO was issued on November 16, 2021 and restricts all trading in securities of the company, whether direct or indirect, by the CEO and CFO of the company until two full business days following the filing of therequired filings and the MCTO has been revoked.

...read full article on Benzinga

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