CRON News and Press, Cronos Group Inc. From 08/08/23

Industry-leading balance sheet with $841 million in cash and short-term investments Increased 2023 operating expense savings target to $20 to $25 million Announces additional initiatives to streamline supply chain and improve cash flow Spinach ® ...

2023-08-07 13:23:02 ET Cronos Group ( NASDAQ: CRON ) is scheduled to announce Q2 earnings results on Tuesday, August 8th, before market open. The consensus EPS Estimate is -$0.04 and the consensus Revenue Estimate is $22.45M (-2.8% Y/Y). Over the last 1 year, CRON has ...

2023-08-07 08:10:48 ET Summary Cronos Group will report its Q2 results on August 8th, and I will be particularly interested in their comments on capital allocation. Due to the strategic repositioning, sales in Q2 are expected to be lower than in the prior year. Cronos Group's ...

2023-08-06 03:49:23 ET Summary Cronos strategically focuses on innovative products, gross margin improvement, cost efficiencies, and $100–110 million revenue projections. Positive cash flow is expected for FY 2023, and we aim for positive cash. Cronos excels in high-mar...

2023-08-03 09:19:40 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips With a rally of almost 20% in the S&P 500 index, investors need to be cautious. It makes sense to wait for a correction in blue-chip or growth stocks that have skyrocketed. At the same ...

2023-08-02 10:01:10 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips For long, investors in the cannabis industry have pinned hopes on federal-level legalization. Without a doubt, that’s a big catalyst for growth for the cannabis industry. However, even w...

2023-08-02 06:00:46 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cannabis stocks are down in 2023 due to plateauing demand, rising production costs, fierce competition and stalled legalization efforts at the federal level. Yet, with shares of many top ca...

2023-07-31 07:00:20 ET Are You Buying These Top Marijuana Stocks Today? How long are marijuana stock investors going to hold on? What this means is much of the cannabis sector has an unpredictable way of performing. For example, there is no way to tell or be truly sure when cannabis...

2023-07-26 08:00:07 ET Canadian cannabis player Tilray Brands ( NASDAQ: TLRY ) traded ~10% higher pre-market Wednesday after its Q4 results for fiscal 2023 exceeded expectations thanks to a solid revenue beat and a decline in net loss. Tilray ( TLRY ), which acquired...

2023-07-25 14:00:13 ET Q3 2023’s Top Canadian Cannabis Stocks to Watch Right Now As the global cannabis industry gathers traction, Canadian cannabis stocks remain at the forefront, offering investors appealing options in a rapidly expanding market. Canada’s cannabis in...