CRON News and Press, Cronos Group Inc. From 03/08/21

The marijuana sector in Canada and the United States is on the cusp of major growth. During the 2020 elections, New Jersey, Arizona, South Dakota, and Montana became the newest states to legalize marijuana, raising the total number of states with recreational cannabis use from 11 to 15. This ...

Marijuana industry has been on the upswing after Joe Biden was elected as president in November, a Democrat-controlled House and a 50-50 split in the Senate.However, pot stocks have fallen from their February highs, after greater hopes for U.S. legalization.In February, Senate Majority Leader...

American cannabis sales hit US$17.5 billion in 2020, a research group’s new study shows. Meanwhile, a Canadian cannabis producer began offering CBD beverages in the US, another move that shows how interested Canadians are in the overall US cannabis market at the moment. K...

Will These Penny Stocks Continue to be Winners This Month? While we are only a few days into March, the month is proving bullish for many penny stocks . Despite widespread volatility across the stock market, many cheap stocks have managed to continue making gains. So far this month,...

In the last few months, several cannabis stocks have made a strong comeback primarily due to the Joe Biden presidential win. Pot stocks were down in the dumps shortly after Canada legalized marijuana for recreational use. While investors were optimistic about cannabis sales in the country, ...

With 1 in 3 Americans now living in a state where adult pot use is legal, Virginia is no longer sitting on the sidelines. Over the weekend, local lawmakers narrowly approved compromise legislation that would make it the first state in the south to allow recreational marijuana. The bill now go...

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 ...

Image source: The Motley Fool. Cronos Group Inc. (NASDAQ: CRON) Q4 2020 Earnings Call Feb 26, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: Cronos Group Inc. (CRON) Q4 2020 Earnings Call Transcript

Cronos Group (NASDAQ: CRON) ended the week on a down note after it released a set of quarterly results revealing a steep net loss. For the Canadian marijuana company's fourth quarter of 2020, net revenue came in slightly over $17 million, well above the nearly $11.4 million of t...

Cronos Group Inc. (CRON) Q4 2020 Results Conference Call February 26, 2021 8:30 AM ET Company Participants Shayne Laidlaw - Investor Relations Kurt Schmidt - CEO Mike Gorenstein - Executive Chairman Jerry Barbato - CFO Xiuming Shum - EVP of Legal and Regulatory Affairs Conference Call Partici...