Cronos Group Inc. (CRON)

NASDAQ: CRON · IEX Real-Time Price · USD
2.590
+0.090 (3.60%)
At close: Apr 26, 2024, 4:00 PM
2.580
-0.010 (-0.39%)
After-hours: Apr 26, 2024, 7:46 PM EDT
3.60%
Market Cap 987.56M
Revenue (ttm) 87.24M
Net Income (ttm) -73.96M
Shares Out 381.30M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,337,687
Open 2.510
Previous Close 2.500
Day's Range 2.505 - 2.650
52-Week Range 1.640 - 2.990
Beta 1.12
Analysts Sell
Price Target 2.75 (+6.18%)
Earnings Date May 9, 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]

Sector Healthcare
CEO Michael Ryan Gorenstein J.D.
Employees 356
Stock Exchange NASDAQ
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 Statements

Analyst Forecast

According to 2 analysts, the average rating for CRON stock is "Sell." The 12-month stock price forecast is $2.75, which is an increase of 6.18% from the latest price.

Price Target
$2.75
(6.18% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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

TORONTO, April 26, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 Annual Meeting of Shareholders on Thursday, June 20, 2024, at 11...

4 hours ago - GlobeNewsWire

Cronos Group Inc. to Hold 2024 First Quarter Earnings Conference Call on May 9, 2024

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 first quarter earnings conference call on Thursday, May 9, 2024 ...

1 day ago - GlobeNewsWire

Top Canadian Marijuana Stocks To Invest In For Big Gains

The cannabis industry has rapidly become a significant sector within the stock market, attracting a diverse array of investors. Yet marijuana stocks are notorious for their volatility, influenced heav...

Other symbols: CGCTLRY
2 days ago - MarijuanaStocks

Fresh Retail Software Industry Leader Invafresh Announces Appointment of Andrew Cron, PhD as Chief Data Officer

TORONTO--(BUSINESS WIRE)-- #ai--Invafresh, the industry leading fresh grocery platform, today announced Andrew Cron, PhD has joined the company as Chief Data Officer. Andrew is an accomplished executi...

3 days ago - Business Wire

Weed Stocks Are in the Green Again

From last summer's low, the Pure US Cannabis ETF has doubled, to a recent $10.25.

Other symbols: ACBCGCTLRY
22 days ago - Barrons

Here's why Tilray, SNDL, Cronos, and Aurora Cannabis are flying

Cannabis stocks are getting supercharged this year, with most of them beating the blue-chip indices like the S&P 500, Nasdaq 100, and the Dow Jones. Tilray Brands (TLRY) stock price soared by over 18%...

Other symbols: ACBTLRY
22 days ago - Invezz

The Big Problem for Marijuana Companies? What to Do With All That Cash

Few banks will work with cannabis upstarts—but some lawmakers hope to change that this year.

Other symbols: ACBCGCTLRY
25 days ago - WSJ

Top Picks: Canadian Cannabis Giants Set to Flourish in Q2 2024

As we continue Q2 2024, Canadian cannabis stocks are catching investors' eyes. This interest isn't just a trend. It's backed by solid growth in the global cannabis industry. Recent stats show remarkab...

Other symbols: CGCSNDL
4 weeks ago - MarijuanaStocks

Cronos Launches Lord Jones® Chocolate Fusions

TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, announced today the launch of Lord Jones...

4 weeks ago - GlobeNewsWire

The Marijuana Stocks Could See A Rise This Week

People who have been investing in marijuana stocks could soon a big change. Now this change is more from an industry standpoint which can in turn help how marijuana stocks trade. As most publicly trad...

Other symbols: CGCOGI
4 weeks ago - MarijuanaStocks

Cannabis stocks fall but hold onto big gains from the week on brighter federal reform prospects

Cannabis stocks cooled off Thursday but held onto big gains from the past week on the heels of positive comments from the Biden administration on reclassifying cannabis from a Schedule I controlled su...

Other symbols: ACBCGCTLRY
5 weeks ago - Market Watch

Top Canadian Cannabis Stocks 2024: Ultimate Investment Guide

This week is shaping up to be an intriguing one for Canadian marijuana stocks, with several names catching the eyes of investors. As the industry forges ahead, these companies are emerging as ones to ...

Other symbols: CGC
6 weeks ago - MarijuanaStocks

Cronos Group Inc. to Speak at the 36th Annual Roth Conference

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Ch...

6 weeks ago - GlobeNewsWire

Cannabis Earnings Off To A Great Start

It's great to see GTI deliver a very solid quarter, notes Morgan Paxhia. He and Matt Hawkins discuss the takeaways from the latest cannabis earnings.

Other symbols: ACBCGCTLRY
7 weeks ago - Schwab Network

Top Marijuana Stocks To Buy This Month?

Marijuana stock investors are starting to see the upside of 2024. Since the start of January 1st, there has been much speculation and anticipation for the cannabis sector. Knowing that this year is a ...

Other symbols: SNDLVFF
2 months ago - MarijuanaStocks

Cronos Group Reports 2023 Fourth Quarter and Full-Year Results¹

Ended 2023 with approximately $862 million in cash and short-term investments Commenced sales to Australian partner Launched award-winning Lord Jones ® brand in Canada Consolidated net revenue increas...

2 months ago - GlobeNewsWire

Investor Alert: Top Canadian Cannabis Picks for March 2024

This week, the spotlight shines on Canadian cannabis stocks, marking an intriguing phase for investors and market watchers. Companies like Canopy Growth, Aurora Cannabis, and Tilray have become househ...

Other symbols: CGCVFF
2 months ago - MarijuanaStocks

What we know about the Lockbit cyber crime gang and its infamous hacks after Operation Cronos takeover

An infamous cyber crime gang has been disrupted by the National Crime Agency (NCA) and a coalition of international police agencies.

2 months ago - Skynews

Cronos Group Inc. to Hold 2023 Fourth Quarter and Full-Year Earnings Conference Call on February 29, 2024

TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2023 fourth quarter and full-year earnings conference call on Thursday...

2 months ago - GlobeNewsWire

Cannabis Market Movers: Canada's Top Picks for Mid-February 2024

The Canadian cannabis sector remains a hotbed of activity, drawing attention from investors globally. With legalization trends expanding, Canadian marijuana stocks are at the forefront. This week, sev...

Other symbols: CGCSNDL
2 months ago - MarijuanaStocks

Top Canadian Cannabis Stocks to Watch Before February 2024

The Canadian cannabis industry and top marijuana stocks witnessing a dynamic shift. This week, top Canadian cannabis stocks are in the spotlight. The market's interest is heightened due to evolving re...

Other symbols: SNDLTLRY
3 months ago - MarijuanaStocks

Cronos' Spinach® Brand Ends 2023 as the Number One Flower Brand in Canada1

TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced that its brand, Spinach®,...

3 months ago - GlobeNewsWire

This Is Why Marijuana Stocks Recover From New Cannabis Laws

With almost the first month of 2024 gone legal cannabis is put on the front lines once again. Over the next several months we will see more states try to not only pass legalization measures but improv...

Other symbols: CGCSMG
3 months ago - MarijuanaStocks

Cultivating Wealth: 2024's Top Cannabis ETFs for Long Term Investors

Cannabis ETFs are garnering attention in 2024 as the industry shows promising growth. Key players like MJ, MSOS, and CNBS dominate this sector. These ETFs offer diversified exposure to cannabis-relate...

Other symbols: ACBCGCTLRY
3 months ago - MarijuanaStocks

Navigating Canadian Cannabis: Top Stocks for Q1 2024

As we delve into Q1 2024, the Canadian cannabis market and its top marijuana stocks continue to captivate investors' attention. This sector, a trailblazer due to Canada's early legalization, is buzzin...

Other symbols: ACB
3 months ago - MarijuanaStocks