CRON News and Press, Cronos Group Inc. From 03/30/21

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shareholders of Tilray (NASDAQ: TLRY ) and Aphria (NASDAQ: APHA ) are surely counting down the days until the merger votes both companies will hold in mid-April. By the time we get to the big event, e...

The cannabis sector has been on fire recently. Since Nov. 2, the Horizons Marijuana Life Sciences ETF -- an industry benchmark -- is up by 105.6%, compared to gains of 18.9% for the S&P 500 index in the same period. Recent developments in the U.S. have helped spur this bull run ...

Marijuana Stocks Lose Value In The Market For the past six weeks or so marijuana stocks have shown significant losses in the market. Just a few days from the second quarter of 2021 most cannabis stocks have shed substantial value since the high in February. Since the third quarter o...

FN Media Group Presents USA News Group News Commentary Vancouver, BC – March 29, 2021 – USA News Group –  The drumbeat towards cannabis legalization is growing louder, as US lawmakers early in 2021 are signalling increasing openness to the marke...

Cannabis policy secured a victory this week when New York state officials reached an agreement to move ahead with a recreational legalization policy. Additionally, a new report shows that a pension fund managed by the Japanese government has found a way to benefit from the cannabis ...

Governor Andrew M. Cuomo, Senate Majority Leader Andrea Stewart-Cousins, and Assembly Speaker Carl Heastie announced an agreement on legislation to legalize adult-use cannabis in the state, according to a statement from the Governor’s office.The bill will enable the establish...

Market watchers were eyeing this week’s testimonies from US Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen, but ultimately their words did little to move gold. The metal spent the week fairly rangebound , trading between about US$1,725 and...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Marijuana stocks are losing steam after soaring to record highs in response to Joe Biden becoming President of the United States. Many hoped that, with Democrats gaining control of the White House and Congress, cannabis r...

Canopy reported quarterly results that showed very underwhelming revenue growth, gross margin, and EBITDA losses. The company burned through $3.3B of cash during 2019 and 2020; it just raised another US$750M to bolster its balance sheet. Canopy's fundamentals do not support its va...

The current cost structure is sub-optimal, but as revenues grow, margins will expand. Management expects US cannabis reform to happen in 2021, with the company entering the market this same year. CGC is one of the best companies in the cannabis sector, but for investors who are ri...