CRON - 5 Surprising Numbers From Cronos' Q4 Earnings Report
Cronos Group (NASDAQ: CRON) released its fourth-quarter results on Feb. 26 for the period ending Dec. 31, 2020. The cannabis producer had some mixed results; it generated sales growth, but losses continued to mount. And down 21% over the past month, investors have been bearish on the stock -- it has performed worse than the Horizons Marijuana Life Sciences ETF , which has fallen by 14% during that time.
But before you decide whether to buy the pot stock on the dip, it's important to take a closer look at the earnings report to see just how well the business is doing. Here are the five of the most surprising numbers from Cronos' recent results.
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5 Surprising Numbers From Cronos' Q4 Earnings Report