Cronos Group Inc. (CRON)
Market Cap | 761.60M |
Revenue (ttm) | 111.23M |
Net Income (ttm) | -47.44M |
Shares Out | 382.29M |
EPS (ttm) | -0.12 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 678,916 |
Open | 2.010 |
Previous Close | 2.030 |
Day's Range | 1.990 - 2.050 |
52-Week Range | 1.850 - 3.140 |
Beta | 1.01 |
Analysts | Hold |
Price Target | 3.00 (+49.25%) |
Earnings Date | Nov 12, 2024 |
About CRON
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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for CRON stock is "Hold." The 12-month stock price forecast is $3.0, which is an increase of 49.25% from the latest price.
News
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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.
Cronos Group Inc. (CRON) Q3 2024 Earnings Call Transcript
Cronos Group Inc. (NASDAQ:CRON) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Anna Shlimak - Chief Strategy Officer Mike Gorenstein - Chairman, President and CEO ...
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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...
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®...
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Cannabis stocks rally as analyst hails pot as an ‘increasingly bipartisan' issue
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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...
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Cronos Group Inc. (CRON) Q2 2024 Earnings Call Transcript
Cronos Group Inc. (NASDAQ:CRON) Q2 2024 Results Conference Call August 8, 2024 8:30 AM ET Company Participants Shayne Laidlaw - IR Mike Gorenstein - Chairman, President and CEO James Holm - CFO Confe...
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...
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.
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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...
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...
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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...