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CRON News and Press, Cronos Group Inc. From 02/22/21

Stock Information

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

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CRON - Cronos downgraded to neutral at CIBC citing valuation

CIBC Capital Markets has downgraded Cronos Group (CRON) to neutral from outperform citing the valuation. However, the analyst John Zamparo has raised the price target to ~$12.50 from $8.00 per share, implying ~1.6% upside to the previous close.Despite the valuations of cannabis stocks hoverin...

CRON - Altria's Recession-Proof 7.9% Dividend Yield Worth Considering

The market has been very strong, and if you are concerned about potential volatility, the 7.9% dividend yield on this blue chip stock is steady, solid and growing. Altria's dividend has been increased over 50 years in a row, and the share repurchase program is nice too. In this re...

CRON - 3 Strategies That Worked Well For Me To Start 2021

Find joy in organizing your investment research and implementing your resolutions. Little known names can be your new next big thing. You don't need to rebalance as prescribed by strategy - buy & hold can work as well. For further details see: 3 Strategies That Worke...

CRON - Tilray, Sundial May Be In A Bubble But This Group Remains Attractive

Canadian cannabis stocks have surged in 2021 and a few of them have exhibited irrational exuberance such as Tilray and Sundial. U.S. cannabis stocks continue to trade at a substantial discount despite possessing significantly stronger fundamentals. The valuation discrepancy is inc...

CRON - 4 Top Cannabis Stocks To Watch This Week

Are These The Best Cannabis Stocks To Buy Right Now? For the past few months, cannabis stocks have been in the limelight. The cannabis industry as a whole has been riding high since Joe Biden won the presidential election back in November. This is because of Biden’s p...

CRON - Cannabis Legalization In Mexico; Here Is A List Of Companies Poised To Benefit

Mexico with 121 million citizens will likely legalize cannabis by April of this year opening the door to the largest population for potential customers; This will be a game-changing tipping point for legalization of cannabis around the world and especially throughout Latin America; ...

CRON - Cannabis - Trade Canadian MJ, Invest In MSOS

The cannabis sector is on fire, enjoying tailwinds from the latest political changes. Canadian LPs' liquidity makes it a great opportunity for traders. MJ vs. MSOS - ETF performance analysis. Despite the better performance in Canadian LPs lately, a bigger opportunity still lie...

CRON - Could the U.S. See Federal Legalization of Cannabis in 2021?

Cannabis stocks are rising on hopes for federal legalization. All after U.S. Senators Cory Booker, D-N.J., Ron Wyden, D-Ore., and Chuck Schumer, D-N.Y. said, “We are committed to working together to put forward and advance comprehensive cannabis reform legislation that will n...

CRON - Sundial: Things You Didn't Realize About This Rally

Sundial shares have risen ~400% in 2021 so far, giving an estimated $800M windfall to a company that had to restructure its debt last year. We believe Sundial has been resurrected by the unexpected gift from investors and its cash pile will provide greater flexibility and options. ...

CRON - Aurora Cannabis downgraded by MKM as cannabis stock volatility picks up

MKM Partners is cutting its rating on Aurora Cannabis (ACB) -4%, citing a tough path for operating income turning positive.MKM analyst Bill Kirk is downgrading the stock to Sell from Neutral, keeping the price target at $C9 (U.S. $7).ACB shares are currently trading around $14, having co...

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