CRON - Cronos Group Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
6.23
+0.43 (+7.41%)
At close: 4:00PM EDT
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Previous Close5.80
Open5.77
Bid0.00 x 1200
Ask0.00 x 1300
Day's Range5.77 - 6.33
52 Week Range5.12 - 10.39
Volume3,589,267
Avg. Volume2,867,984
Market Cap1.091B
Beta4.61
PE Ratio (TTM)778.75
EPS (TTM)0.01
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Cronos Group Inc. Appoints Lead Director, Engages Investor Relations Agency and Grants Options
    CNW Group3 days ago

    Cronos Group Inc. Appoints Lead Director, Engages Investor Relations Agency and Grants Options

    TORONTO, May 18, 2018 /CNW/ - Cronos Group Inc. (NASDAQ, TSX-V: CRON) ("Cronos Group" or the "Company"), a geographically diversified and vertically integrated cannabis group, announced today it has appointed Jim Rudyk as lead director and has entered into an engagement agreement to retain Athena Advisors LLC ("Athena Advisors") as its agency of record for investor relations and corporate communications. "Since joining the board, Jim has been an integral part of our success and we are excited for his continued leadership and contribution," said Mike Gorenstein, CEO of Cronos Group. Athena Advisors is based in New York City and was founded by Anna Shlimak who spent more than 6 years at the New York Stock Exchange, where she was responsible for communication and relationship development with investors and sell side analysts.

  • Analysts Are More Bearish about Cronos Group in May
    Market Realist3 days ago

    Analysts Are More Bearish about Cronos Group in May

    Cronos Group (CRON) reported its first-quarter earnings on May 15 with sales growth of almost 4.8x. Following the earnings release, the stock fell 5% on May 15 and fell another 3.4% on May 16 to 7.7 Canadian dollars. The company cut its recommendation to “sell” from “hold” but raised the price target to 6.5 Canadian dollars from 6 Canadian dollars.

  • PI Financial Cuts Aurora Cannabis’s Price Target
    Market Realist4 days ago

    PI Financial Cuts Aurora Cannabis’s Price Target

    On May 14, Aurora Cannabis (ACB) (ACBFF) announced that it agreed to acquire all of MedReleaf’s (MEDFF) outstanding common shares for about 3.2 billion Canadian dollars in one of the biggest deals in the cannabis sector (MJ). Following the news, MedReleaf stock was heavily traded with a volume of 3.3 million shares and closed at 25.3 Canadian dollars. Read MedReleaf Stock Rises on Aurora Cannabis Acquisition to learn more. Similar to Canopy Growth (WEED), the mean ratings for Aurora Cannabis also improved from 2.3 a month ago in April, which indicates that analysts were more bullish on the stock month-over-month.

  • Cronos Group Stock Falls ~5% after Q1 Earnings Release
    Market Realist5 days ago

    Cronos Group Stock Falls ~5% after Q1 Earnings Release

    Cronos Group (CRON) reported its first-quarter earnings on May 15. The company’s sales rose almost 4.8 times year-over-year to 2.9 million Canadian dollars from 0.5 million Canadian dollars in the first quarter of 2017. Sequentially, sales grew 83% from 1.3 million Canadian dollars.

  • This Is the Best Thing by Far in Marijuana Stock Cronos Group's Q1 Results
    Motley Fool5 days ago

    This Is the Best Thing by Far in Marijuana Stock Cronos Group's Q1 Results

    What to look at beyond the negatives in the Canadian marijuana grower's Q1 update.

  • Cronos Group Inc. Announces First Quarter 2018 Results
    CNW Group6 days ago

    Cronos Group Inc. Announces First Quarter 2018 Results

    TORONTO, May 15, 2018 /CNW/ - Cronos Group Inc. (NASDAQ, TSX-V: CRON) ("Cronos Group" or the "Company") today announced financial results for the first quarter ended March 31, 2018. "We are pleased that the strategic initiatives launched in 2017 are coming to fruition," said Mike Gorenstein, CEO of Cronos Group.

  • ACCESSWIRE6 days ago

    Cronos Group Inc to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 15, 2018 / Cronos Group Inc (NASDAQ: CRON ) will be discussing their earnings results in their Q1 Earnings Call to be held on May 15, 2018 at 8:00 AM Eastern Time. To listen ...

  • Canopy Growth Stock Surged over 7% on NYSE Listing Announcement
    Market Realist6 days ago

    Canopy Growth Stock Surged over 7% on NYSE Listing Announcement

    Today, Canopy Growth (WEED) stock surged more than 7% on news of its application to list its common shares on the NYSE (New York Stock Exchange). This news comes on the heels of Aurora Cannabis (ACB)(ACBFF) announcing its acquisition of MedReleaf (MEDFF) today. Read more in MedReleaf Stock Rises on Aurora Cannabis Acquisition.

  • Comparing Cannabis Stocks’ EV-to-EBITDA Multiples
    Market Realist7 days ago

    Comparing Cannabis Stocks’ EV-to-EBITDA Multiples

    In the previous part of this series, we discussed how Canadian cannabis stocks’ (HMMJ) forward EV-to-EBITDA (enterprise value-to-earnings before interest, tax, depreciation, and amortization) multiple moved last week. In this part, we’ll compare how these producers’ multiples compare with each other.

  • How Cannabis Stocks’ Valuation Multiples Stacked Up Last Week
    Market Realist7 days ago

    How Cannabis Stocks’ Valuation Multiples Stacked Up Last Week

    In the previous part of this series, we discussed how the median forward EV-to-sales (enterprise value-to-sales) multiple of Canadian cannabis stocks (HMLSF) moved last week. In this part, we’ll look at how these producers’ multiples compare with each other.

  • How Cannabis Stocks Performed Last Week
    Market Realist7 days ago

    How Cannabis Stocks Performed Last Week

    Strong sentiment in the cannabis sector pushed ETFs and stocks into positive territory last week. The Horizons Marijuana Life Sciences ETF (HMMJ) closed 4.4% higher, while its US-listed counterpart, the Horizons Marijuana Life Sciences Index ETF (HMLSF), rose 4.8%. Similarly, the Emerging Marijuana Growers Index ETF (HMJR) rose 4.3%, and the Evolve Marijuana ETD (SEED) rose 2.5% between its close on May 4 and its close on May 11.

  • Cronos Group Inc. to Hold Conference Call on First Quarter 2018 Financial Results
    CNW Group12 days ago

    Cronos Group Inc. to Hold Conference Call on First Quarter 2018 Financial Results

    TORONTO , May 9, 2018 /CNW/ - Cronos Group Inc. (NASDAQ, TSX-V: CRON) ( "Cronos Group" or the "Company" ) will release its financial results for the first quarter ended March 31, 2018 ...

  • Is This the Most Overvalued Marijuana Grower?
    Motley Fool14 days ago

    Is This the Most Overvalued Marijuana Grower?

    This billion-dollar pot stock might go up in smoke.

  • Why Marijuana Stock Cronos Dropped 10% Today
    Motley Fool19 days ago

    Why Marijuana Stock Cronos Dropped 10% Today

    It's hard to value markets in a high-growth industry.

  • This Marijuana Producer Just Got Slapped in the Face
    Motley Fool19 days ago

    This Marijuana Producer Just Got Slapped in the Face

    Cronos Group's independent accountant recently raised the concern that it's at risk of bankruptcy.

  • How Last Week Was for the Cannabis Sector
    Market Realist20 days ago

    How Last Week Was for the Cannabis Sector

    Last week (ended April 27), cannabis-sector ETFs ended in negative territory. The Horizons Marijuana Life Sciences ETF (HMMJ) fell ~4.1%, the Horizons Emerging Marijuana Growers Index ETF (HMJR) fell ~3.8%, and the ETFMG Alternative Harvest ETF (MJ) fell ~4.4%.

  • This Marijuana IPO Rises On High Sales Growth
    Investor's Business Daily21 days ago

    This Marijuana IPO Rises On High Sales Growth

    New marijuana IPO Cronos Group jumped in early trading after revealing Q4 sales rose 274% to $1.6 million and full-year sales rocketed 636% to $4.1 million.

  • Comparing Cannabis Producers’ Valuation Multiples
    Market Realist21 days ago

    Comparing Cannabis Producers’ Valuation Multiples

    In the previous part of this series, we compared the forward EV-to-sales multiples of individual cannabis licensed producers (HMMJ) with the peers’ median on April 26. We’ll do a similar comparison for the EV-to-EBITDA1 multiple as well.

  • Cronos Group Inc. Announces Fourth Quarter and Fiscal Year 2017 Results
    CNW Group21 days ago

    Cronos Group Inc. Announces Fourth Quarter and Fiscal Year 2017 Results

    TORONTO, April 30, 2018 /CNW/ - Cronos Group Inc. (NASDAQ, TSX-V: CRON) ("Cronos Group" or the "Company") today announced financial results for the fourth quarter and fiscal year ended December 31, 2017. The Company completed significant improvements to the three pre-existing indoor production facilities at Peace Naturals Project Inc. ("Peace Naturals"), to increase production capacity and efficiency.

  • Are Canadian Marijuana Stock CEOs Absolutely, Positively Crazy?
    Motley Fool22 days ago

    Are Canadian Marijuana Stock CEOs Absolutely, Positively Crazy?

    CEOs of Canadian marijuana growers look like they're trying to defy the laws of supply and demand -- at least at first glance.

  • Revisiting Valuation Multiples for Cannabis Companies
    Market Realist23 days ago

    Revisiting Valuation Multiples for Cannabis Companies

    Recreational cannabis is just a few months away from being legalized in Canada, and producers (HMMJ) are running at full bore to capture a piece of the market. Let’s revisit the valuation multiples of the most active cannabis players. Looking at the median of only Canadian cannabis producers—including Canopy Growth (WEED), Aurora Cannabis (ACB), MedReleaf (MEDFF), Cronos (CRON), and others mentioned in the chart—we see a similar trend.

  • Cronos Group Inc. to Hold Conference Call on Fourth Quarter and Fiscal Year 2017 Financial Results
    CNW Group24 days ago

    Cronos Group Inc. to Hold Conference Call on Fourth Quarter and Fiscal Year 2017 Financial Results

    TORONTO , April 27, 2018 /CNW/ – Cronos Group Inc. (NASDAQ, TSX-V: CRON) ( "Cronos Group" or the "Company" ) will release its financial results for the fourth quarter and fiscal year ...

  • Aphria Inc. Becomes a Contender in This Serious Marijuana Growth Market
    The Motley Fool25 days ago

    Aphria Inc. Becomes a Contender in This Serious Marijuana Growth Market

    Aphria Inc.’s (TSX:APH) recent acquisition makes it a new competitive force in Germany.

  • Baystreet27 days ago

    Canadian Cannabis Stocks Embark on Global Takeover

    With Canada’s legalization of cannabis right around the corner, the country’s top cannabis ...

  • Is the US Warming Up to Cannabis Legalization?
    Market Realist28 days ago

    Is the US Warming Up to Cannabis Legalization?

    On April 20, the cannabis sector saw more positive news came from the US, as Senator Chuck Schumer discussed intentions to introduce legislation decriminalizing cannabis, which currently is a Schedule 1 drug in the US.