CRON.TO - Cronos Group Inc.
| Previous Close | 11.00 |
| Open | 11.01 |
| Bid | 11.10 x 0 |
| Ask | 11.11 x 0 |
| Day's Range | 10.36 - 11.30 |
| 52 Week Range | 8.47 - 32.95 |
| Volume | 789,189 |
| Avg. Volume | 676,526 |
| Market Cap | 3.708B |
| Beta (3Y Monthly) | 3.68 |
| PE Ratio (TTM) | 15.51 |
| EPS (TTM) | 0.71 |
| Earnings Date | Nov. 12, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 13.17 |
- Market Realist
Cannabis Roundup: HEXO, APHA, CRLBF, and CRON
Hexo launched Original Stash, a value cannabis brand. Hexo's CEO stated that the company intends to educate consumers and "disrupt the illicit market."
- GlobeNewswire
Cronos Group Issues Statement on Separately Announced IPO of Cronos Australia
Cronos Group Inc. (CRON.TO) (CRON.TO) (“Cronos Group” or the “Company”) today noted the separately announced AUD$20 million initial public offering of Cronos Australia Limited (“Cronos Australia”). Under the offering, Cronos Australia is expected to issue 40 million new shares at an offering price of AUD$0.50 per share (the “Cronos Australia IPO”) ahead of its planned listing on the Australian Securities Exchange in November 2019. Established in February 2018, Cronos Australia is a 50/50 joint venture between Cronos Group and NewSouthern Capital Pty Ltd., and is led by Rodney Cocks and Peter Righetti. The launch marked a significant milestone in Cronos Group’s commitment to advancing cannabis research and producing and distributing products and brands at a global scale.
- Market Realist
Aurora Cannabis’s Price Target Cut by 30%
Aurora Cannabis (ACB) stock is currently down 29.23% on the NYSE on a YTD (year-to-date) basis. The company has lost 14.81% of its value since October 1.
- Market Realist
Aphria Q1 Earnings: A Ray of Hope for Cannabis?
Aphria (APHA), a Canada-based global cannabis company, will report its results for the first quarter of fiscal 2020 today after the market opens.
- Baystreet
Cannabis 2.0: Is This ETF Discounted?
Before the 2015 federal election in Canada, cannabis stocks were prepping for a run that would christen ...
- Market Realist
Cannabis Stocks in Trouble, PI Financial Cuts Target Price
Cannabis stocks see dark clouds looming. The week ending on October 11 was disastrous for the sector. Hexo stock fell after it withdrew its fiscal 2020 outlook.
- Market Realist
OrganiGram Received a Rare ‘Buy’ amid Downgrades
OrganiGram Holdings (OGI) received a “buy” rating from Jefferies on October 11. However, the investment firm lowered its price for the stock.
- The Motley Fool
These Pot Stocks Have the Most Cash
The cannabis industry is in turmoil, but companies with enough cash can capitalize on the pain. Find out why Cronos Group Inc (TSX:CRON)(NYSE:CRON) and one other pot stock are primed to win.
- The Motley Fool
2 Top Pot Stocks That Could Disappear by 2025
Both Green Organic Dutchman Holdings Ltd (TSX:GOD) and Cronos Group Inc (TSX:CRON)(NYSE:CRON) are set to grow sales rapidly, but one is a potential buy, while the other may face steep hurdles.
- Market Realist
Cannabis 2.0: Aurora’s Focus on Edibles
As Cannabis 2.0 approaches, many cannabis players have shifted their focus from vapes to edibles in light of the recent vaping-related deaths.
- Market Realist
Cannabis Sector: Week Ended October 10 in Review
The cannabis sector continued its downward movement in the week that ended on October 10, with ETFs and prominent cannabis players falling.
- GlobeNewswire
Cronos Group Inc. to Hold Third Quarter 2019 Earnings Conference Call
Cronos Group Inc. (CRON.TO) (CRON.TO) (“Cronos Group” or the “Company”) will announce its financial results for the third quarter ended September 31, 2019 and hold its Third Quarter 2019 Earnings Conference Call on Tuesday, November 12, 2019 at 8:30 a.m. EDT. A live audio webcast of the earnings call will be available on the Company’s website at https://ir.thecronosgroup.com/events-presentations. The call will be archived on the Company’s website for replay.
- Market Realist
Vaping and Cannabis Stocks: Piper Jaffray Weighs In
On October 8, Piper Jaffray senior analyst Michael Lavery voiced his opinions about the impact of vaping on cannabis stocks in an interview.
- Market Realist
Aphria: What to Expect from Its Q1 2020 Earnings
Aphria is scheduled to report its earnings for the first quarter of fiscal 2020 on October 15. September wasn’t a good month for the cannabis industry.
- Market Realist
Hexo: Why Did BofA Double Downgrade the Stock?
Hexo announced that CFO Michael Monahan resigned. As a result, Bank of America Merrill Lynch double downgraded the stock on Monday.
- Market Realist
Cannabis 2.0: What Cronos Group Has in Store
Cannabis 2.0 will open up a massive expansion opportunity for cannabis companies. Many cannabis players are gearing up to leverage this opportunity.
- Market Realist
Cannabis Roundup: HEXO, MMEN, WEED, and CRON
At 1:40 PM ET, the S&P; 500 and the Dow Jones Industrial Average were up 0.2% and 0.3%, respectively. However, cannabis ETFs were trading in the red.
- Yahoo Finance Canada
Expect cheaper pot prices around Christmas: BMO
If you’re thinking of gifting cannabis this holiday season, it may pay to shop last minute.
- The Motley Fool
3 Cannabis Stocks: Now Is the Time to Buy!
The stocks of major cannabis companies like Canopy Growth Corp (TSX:WEED)(NYSE:CGC) are down by 50% or more. If you want to take advantage, here's what to buy.
- Yahoo Finance Canada
CIBC warns shrinking orders from pot shops could hurt producer revenues
Cannabis producer revenues could take a hit as pot shops shift from big initial orders fuelled by fears of shortages to smaller inventory purchases prioritizing brands consumers actually want to buy.
