Cronos Group Inc. (TSX: CRON)

Canada flag Canada · Delayed Price · Currency is CAD
2.790
-0.040 (-1.41%)
Nov 20, 2024, 4:00 PM EST
2.20%
Market Cap 1.07B
Revenue (ttm) 150.26M
Net Income (ttm) -64.09M
Shares Out 382.29M
EPS (ttm) -0.17
PE Ratio n/a
Forward PE 200.72
Dividend n/a
Ex-Dividend Date n/a
Volume 117,217
Open 2.830
Previous Close 2.830
Day's Range 2.790 - 2.880
52-Week Range 2.480 - 4.280
Beta 1.02
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About Cronos Group

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada. [Read more]

Sector Healthcare
Founded 2012
Employees 356
Stock Exchange Toronto Stock Exchange
Ticker Symbol CRON
Full Company Profile

Financial Performance

In 2023, Cronos Group's revenue was $87.24 million, an increase of 0.57% compared to the previous year's $86.75 million. Losses were -$73.96 million, -56.17% less than in 2022.

Financial numbers in USD Financial Statements

News

Cronos CEO Mike Gorenstein Says He's Optimistic About Trump's Impact On Cannabis

Cronos group CEO Mike Gorenstein (NASDAQ: CRON) says the cannabis industry should not rely solely on Democratic leadership for reform. Instead, he says President-elect Donald Trump is personally more...

6 days ago - Benzinga

Gaetz as Trump's AG seen as bullish for pot stocks, but confirmation looks unlikely

If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.

6 days ago - Market Watch

Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.

8 days ago - Market Watch

Cronos (CRON) Stock Surges on Strong Q3 Earnings

Cronos (CRON) Stock Surges on Strong Q3 Earnings

8 days ago - GuruFocus

Why Cronos Group Stock Popped 9% Today

Cronos stock just went up -- a lot. Maybe it's time to sell?

8 days ago - The Motley Fool

Cronos Group (CRON) Q3 2024 Earnings Call Transcript

CRON earnings call for the period ending September 30, 2024.

8 days ago - The Motley Fool

Cronos Group Inc (CRON) Q3 2024 Earnings: Net Revenue Surges to $34.3 Million, Beating Estimates

Cronos Group Inc (CRON) Q3 2024 Earnings: Net Revenue Surges to $34.3 Million, Beating Estimates

8 days ago - GuruFocus

Cronos Cannabis Co. Reports 38% YOY Increase In Q3 Revenue, Boosts International Sales

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced its 2024 third-quarter business results on Tuesday. "Our results this quarter demonstrate that our long-term strategy is working," said Mike Go...

8 days ago - Benzinga

Cannabis stocks plunge after DeSantis, Griffin win Florida fight against weed legalization

Amendment 3 – which would have legalized the recreational use of marijuana in the state's constitution – failed to receive the 60% support needed to pass under Florida law.

13 days ago - New York Post

Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close

Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn.

14 days ago - Benzinga

Cannabis stocks crater as Florida fails to garner needed votes for adult use

North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.

14 days ago - Market Watch

Top Canadian Cannabis Stocks to Track as U.S. Legalization Heats Up

As the election approaches, Canadian cannabis stocks are capturing attention, especially with potential U.S. legalization developments on the horizon. The U.S. cannabis industry is booming, with proje...

15 days ago - MarijuanaStocks

Cronos Group Inc. to Hold 2024 Third Quarter Earnings Conference Call on November 12, 2024

TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 third quarter earnings conference call on Tuesday, November 12, 2...

22 days ago - GlobeNewsWire

Spinach® Is the Number One Cannabis Brand in Canada

TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, is proud to announce that its award-winning brand Spinach®...

5 weeks ago - GlobeNewsWire

These Canadian Marijuana Stocks Could Be The Winners You Need

With most marijuana stocks still showing volatile trading is now the time to buy? Well, it's not such an easy answer as some may find the volatile behavior of marijuana stocks to be in their favor. Th...

6 weeks ago - MarijuanaStocks

3 Marijuana Stocks To Watch On September 11th

Over the last several days some marijuana stocks have begun to pick up in momentum. There have been several attempts to show good faith in the legalization efforts for cannabis markets across the USA....

2 months ago - MarijuanaStocks

3 Marijuana Stocks To Watch In The Stock Market Today

Many legal cannabis operators are working to keep pushing the boundaries of the industry. Innovation is key for any growing sector and cannabis is no different. Right now is a pivotal time for the can...

2 months ago - MarijuanaStocks

Trump's Marijuana Support Could Ignite Stock Surge – Are You Positioned To Benefit?

The cannabis market is abuzz following former President Donald Trump's recent comments supporting cannabis legalization in Florida.

2 months ago - Benzinga

Cannabis stocks rally as analyst hails pot as an ‘increasingly bipartisan' issue

Alliance Global Partners Aaron Grey sees Donald Trump's weekend statement on cannabis as a step forward.

2 months ago - Market Watch

Top Canadian Marijuana Stocks To Watch In 2024

When it comes to finding top marijuana stocks to buy which companies would you choose? Now when going through this process there are some things to consider. For the most part, investing in all things...

2 months ago - MarijuanaStocks

Why Cronos Group Stock Is Sinking Today

Cannabis investors are hoping the DEA's meeting date doesn't mean marijuana rescheduling is doomed.

3 months ago - The Motley Fool

Buy Cronos Stock Before It Surges Higher

Initiating coverage on Cronos stock with a "Strong Buy" rating. Cannabis industry tailwinds, conservative growth approach, and geographic expansion support Cronos' growth acceleration and EBITDA margi...

3 months ago - Seeking Alpha

3 Of Today's Top Canadian Marijuana Stock Picks For Investors

What's next for marijuana stock investors as the sector's recent rise in trading has people talking. Recently there has been an increase in trading that allowed some investors to take profits. Yet in ...

3 months ago - MarijuanaStocks