CRON stock is having a very volatility session, falling after initially rising 8% in early trade after Cronos Group Inc. (TSX:CRON) (NASDAQ:CRON) posted a surprise profit for the fiscal second-quarter.
Surprising Quarterly ProfitOver the past year, plenty of new companies have grown rapidly ever since marijuana was legalized in Canada, and one of the biggest names in that regard was Cronos Group. Today, the Canadian cannabis company announced its quarterly earnings for Q2 2019 and surprised the markets by actually declaring a profit. It is believed that the legalization of cannabis in Canada has proven ...
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