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CRON News and Press, Cronos Group Inc. From 05/07/21

Stock Information

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

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CRON - Cronos Group Disappoints As Revenues Drop From Fourth Quarter

Cronos Group Inc. (NASDAQ: CRON) released its 2021 first-quarter business results with net revenue of $12.6 million versus last year’s $4.2 million for the same time period. The revenue from Cronos missed estimates by $4.81 million. It also dropped sequentially from the...

CRON - Cronos shares slide 3% as Q1 top and bottom-line misses estimates

Cronos Group (CRON) down 3.4% premarket after announcing 2021 first quarter business results.The company reported Q1 net revenue of $12.6M, +49.6% Y/Y, below analyst expectations of $17.4M.The revenue increase was primarily driven by continued growth in the adult-use Canadian cannab...

CRON - Cronos Group EPS misses by $0.35, misses on revenue

Cronos Group (CRON): Q1 GAAP EPS of -$0.44 misses by $0.35.Revenue of $12.61M (+49.6% Y/Y) misses by $4.81M.Net revenue of $12.6 million in Q1 2021 increased by $4.2 million from Q1 2020. The increase year-over-year was primarily driven by continued growth in the adult-use Canadian cannabis m...

CRON - Cronos Group Q1 Earnings Preview

Cronos Group (NASDAQ:CRON) is scheduled to announce Q1 earnings results on Friday, May 7th, before market open.The consensus EPS Estimate is -$0.09 (-145.0% Y/Y) and the consensus Revenue Estimate is $17.42M (+106.6% Y/Y).Over the last 1 year, CRON has beaten EPS estimates 75% of the time and...

CRON - Cannabis Stock Movers: Top Gainers and Losers on Wednesday

VANCOUVER – Rotten Tomato Stocks – It’s officially the middle of the week, and as investors look ahead to the second half of this week’s trading it’s worth looking over the biggest cannabis stock movers for Wednesday, May 5, 2021— Winners: Tilra...

CRON - Altria Is Misdirecting Investors About Regulatory Risk

Altria reported mostly solid results. Smokable products had 8% net price realization growth. Marlboro gained 4 tenths of retail market share. JUUL lost market share yet again. Altria can start competing with JUUL soon if the valuation of its ownership position falls slightly more. ...

CRON - How Do You Invest In Marijuana Stocks? 2 Canadian Pot Stocks To Watch In May

Investing In Marijuana Stocks Right Now Are you looking for the best way to invest in marijuana stocks in May? At the current time, Canadian cannabis stocks could be trading at levels that may produce gains for investors. In 2021 Canadian marijuana stocks have seen the most market volat...

CRON - Cannabis Weekly Round-Up: Tobacco Firm Expresses Cannabis Interest

The company behind Marlboro cigarettes told the market this week that it has a particular interest in the cannabis industry. Meanwhile, a Canadian cannabis company confirmed an entry point for the US market via a stock uplisting on the NASDAQ. Keep reading to find out more canna...

CRON - Top Stocks 2021: 11 Bullseye Stock Picks for Your Must-Buy List

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Editor’s Note: This article is a part of our “If You Only Buy One Stock” series where we look at 2021’s most popular investing trends and have our top financial journalists make t...

CRON - Bad Times Ahead For Altria: Regulatory Risk And Alternative Investments In Focus

MO experienced a prolonged downtrend from mid-2017 to early 2020. If very low nicotine cigarettes or a ban on menthol cigarettes remain under discussion by the Biden administration, that could hang over MO's stock for years. MO may find itself particularly sensitive to development...

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