Cronos Group Inc. (TSX: CRON)

Canada flag Canada · Delayed Price · Currency is CAD
3.130
-0.130 (-3.99%)
Aug 22, 2024, 4:00 PM EDT
30.42%
Market Cap 1.20B
Revenue (ttm) 139.29M
Net Income (ttm) -78.60M
Shares Out 382.28M
EPS (ttm) -0.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open 3.280
Previous Close 3.260
Day's Range n/a
52-Week Range 2.280 - 4.280
Beta 1.03
Analysts n/a
Price Target n/a
Earnings Date Aug 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

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 ...

6 days ago - MarijuanaStocks

Cronos Group (CRON) Q2 2024 Earnings Call Transcript

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

14 days ago - The Motley Fool

Highest On Record - Cronos Group Reports 46% YoY Increase In Q2 Net Revenue

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced on Tuesday its 2024 second-quarter business results. The company reported $27.8 million in net revenue during the quarter, representing a 46% y...

14 days ago - Benzinga

Cronos Group Reports 2024 Second Quarter Results

Net revenue in Q2 2024 increased by 46% year-over-year to $27.8 million Industry-leading balance sheet with $848 million in cash and cash equivalents Announced expansion of Cronos GrowCo designed to f...

14 days ago - GlobeNewsWire

How the head of cannabis company Cronos dealt with a negative report from indicted short seller Andrew Left

Cronos Group's Chief Executive Mike Gorenstein was giving a tour of one of the company's cannabis growing facilities in 2018 when he heard that his company's stock was down sharply.

20 days ago - Market Watch

3 Marijuana Stocks For Investors To Trade Today

Marijuana stock investors are prepping for future trading. Many who are invested in cannabis are focused on the long term. With how volatile the sector can be there have been some moments to take prof...

22 days ago - MarijuanaStocks

Cronos Group Inc. to Hold 2024 Second Quarter Earnings Conference Call on August 8, 2024

TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 second quarter earnings conference call on Thursday, August 8, 20...

4 weeks ago - GlobeNewsWire

Cronos Group Inc. Announces Results of Reconvened 2024 Annual Meeting of Shareholders

TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July...

4 weeks ago - GlobeNewsWire

Cannabis Stocks: Canadian Companies Outperformed American Counterparts Last Week

Analyst Lorimer Wilson , a contributor at TalkMarkets, signaled that Canadian Limited Partnership (LPs) Cannabis Companies did much better than American multi-state operators (MSOs) as the cannabis se...

5 weeks ago - Benzinga

The Best Marijuana Stocks This Week

Marijuana stock investors are keeping watch for the next wave of momentum. With all that has taken place over the last several months, there is still a positive outlook for the future. People are star...

6 weeks ago - MarijuanaStocks

Cronos Group Inc. to Reconvene Virtual 2024 Annual Meeting of Shareholders

TORONTO, July 05, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it will reconvene its 2024 Annual Meeting of Shareholders on Fr...

6 weeks ago - GlobeNewsWire

Cronos Brand Spinach® Celebrates Summer with New Launches

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc.'s (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) Spinach® brand is expanding its portfolio of award-winning and best-selling cannab...

2 months ago - GlobeNewsWire

Cronos Group Inc. Announces Results of 2024 Annual Meeting of Shareholders

TORONTO, June 21, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders held yesterday, June 20, 2024 (...

2 months ago - GlobeNewsWire

Legal cannabis sales eat into beer revenue, survey data shows

Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...

2 months ago - Market Watch

Cronos Group Announces Expansion of GrowCo to Fuel Global Growth

TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, announced an expansion of Cronos Growing ...

2 months ago - GlobeNewsWire

June 2024: Canadian Cannabis Stocks with High Potential

The global cannabis industry and top marijuana stocks are experiencing significant growth, making it an attractive sector for investors. Currently valued at over $20 billion, the industry is projected...

2 months ago - MarijuanaStocks

Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth'

Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF CNBS, is renowned for recognizing the potential of the cannabis sector early on. In an exclusive interview with Benzinga Cannab...

2 months ago - Benzinga

How the Biden administration could help these cannabis stocks grow

U.S. reclassifying marijuana would give companies a tax break and more cash to spend

2 months ago - Market Watch

June 2024 Watchlist: Top Canadian Cannabis Stocks to Watch

As the cannabis industry continues to grow, investors are closely watching top Canadian marijuana stocks this week. The global cannabis market is projected to reach $73.6 billion by 2027, with the U.S...

2 months ago - MarijuanaStocks

Cronos Group Inc. to Speak at Bernstein's 40th Annual Strategic Decisions Conference

TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Chai...

3 months ago - GlobeNewsWire

Cronos Terminates Sale-Leaseback of Peace Naturals Campus

TORONTO, May 28, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it has terminated its agreement (the “Sale Agreement”) with Futu...

3 months ago - GlobeNewsWire

Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help.

When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s.

3 months ago - Market Watch

Pot Stocks Going Higher In 2024?

How will rescheduling cannabis impact pot stocks? Dan Ahrens expects a domino effect of various federal level reforms to clarify medical and adult use legality.

3 months ago - Schwab Network