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home / news releases / CRON - Cronos Group: Slow Launch

CRON - Cronos Group: Slow Launch

Cronos Group Inc.
  • Cronos Group still can't push quarterly revenue above $20 million.
  • The company still has a large cash balance, but U.S. cannabis assets are now far more expensive.
  • The stock is far too expensive with an EV of $2.4 billion, or 24x 2021 sales estimates, while still burning millions in cash each quarter.

For further details see:

Cronos Group: Slow Launch
Stock Information
Company Name: Cronos Group Inc.
Stock Symbol: CRON
Market: NASDAQ
Website: thecronosgroup.com
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