Cronos Group Inc. (CRON)
| Market Cap | 796.53M |
| Revenue (ttm) | 86.86M |
| Net Income (ttm) | -108.06M |
| Shares Out | 381.11M |
| EPS (ttm) | -0.28 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,425,983 |
| Open | 2.10 |
| Previous Close | 2.10 |
| Day's Range | 2.03 - 2.15 |
| 52-Week Range | 1.64 - 2.64 |
| Beta | 1.38 |
| Analysts | Sell |
| Price Target | 2.50 (+19.62%) |
| Earnings Date | Feb 27, 2024 |
About CRON
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones brand in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale ... [Read more]
Financial Performance
In 2022, Cronos Group's revenue was $91.90 million, an increase of 23.47% compared to the previous year's $74.44 million. Losses were -$168.73 million, -57.40% less than in 2021.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CRON stock is "Sell." The 12-month stock price forecast is $2.5, which is an increase of 19.62% from the latest price.
News
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Premium Cannabis Brand Lord Jones® Launches Live Resin Vapes
TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) is proud to announce the launch of its highly anticipated Lord Jones® Live Resin Vap...
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Canadian cannabis company Cronos Group sells Peace Naturals campus for about $17M
Cronos Group Inc. CA:CRON CRON said Monday it agreed to sell its 90-acre Peace Naturals cannabis campus in Stayner, Ontario, for C$23 million ($16.87 million) as part of a sale leaseback transaction w...
Cronos Group Inc. enters into agreement for the sale-leaseback of its Stayner, Ontario facility
TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) today announced that its wholly owned subsidiary entered into an agreement (the “Sal...
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Cronos Group Reports 2023 Third Quarter Results
Industry-leading balance sheet with $840 million in cash and short-term investments Net revenue in Q3 2023 increased by 22% year-over-year to $24.8 million ; on a constant currency basis, net revenue ...
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Lord Jones®, an Award-Winning Premium Cannabis Brand, Launches with Ice Water Hash Fusions Pre-Rolls in Canada
TORONTO, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it has launched its award-winning cannabis brand Lord Jones® in...
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Cronos Unveils its New THCV Products: Spinach FEELZ™ Full Tilt
TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, announced the launch of two new THCV-infused products; Spi...
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Cronos brand Spinach® Wins Best Pre-Roll at Grow Up Awards
TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, is pleased to announce its Spinach® brand won “Best Pre-Ro...
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Investing in Weed
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Cronos stock climbs after launching Peace Naturals medical cannabis brand in Germany
The U.S.-listed shares of Cronos Group Inc. CRON, -3.24% CRON, -3.56% climbed 2.5% in premarket trading Monday, after the Toronto-based cannabis company said it launched its Peace Naturals medical bra...
Cronos launches leading medical brand PEACE NATURALS® in Germany
TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it shipped its first order of bulk cannabis, which will be sol...
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