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Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) posted earnings results on Tuesday that show the company trimming losses as it tries to profit in a crowded Canadian market suffering from a downward slide in prices. The fourth quarter and full-year financials were for the period ending Dec. 31,...
Cronos Group press release ( NASDAQ: CRON ): Q4 GAAP EPS of -$0.21 misses by $0.16 . Revenue of $22.89M (-11.3% Y/Y) beats by $0.71M . The decrease year-over-year was primarily driven by lower cannabis flower sales in the Canadian adult-use market driven largely by adv...
Consolidated net revenue increased 23% in Full Year 2022 compared to Full Year 2021 ; on a constant currency basis consolidated net revenue increased 28% in Full Year 2022 compared to Full Year 2021 Net revenue in Israel increased 128% in Full Yea...
The Best Marijuana Stocks To Invest In Right Now Marijuana stocks have seen their fair share of ups and downs over the years. As cliche as that sounds the level of volatility is slowly growing and changing how investors take profits. At one time when the cannabis sector would see a pullba...
Cronos Group ( NASDAQ: CRON ) is scheduled to announce Q4 earnings results on Tuesday, February 28th, before market open. The consensus EPS Estimate is -$0.05 (+86.1% Y/Y) and the consensus Revenue Estimate is $22.18M (-14.0% Y/Y). Over the last 1 year, CRON has beaten EPS e...
Best Cannabis Stocks For March 2023 Are you trying to find the top marijuana stocks to invest in before March? As of 2022, the value of the stocks of Canadian cannabis companies and related businesses has significantly decreased. Several cannabis stocks just hit fresh lows in December 202...
Palm Beach, FL – February 15, 2023 – FinancialNewsMedia.com News Commentary – The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A rec...
Summary Cannabis stocks are really cheap, but Alan Brochstein is worried about 3 things. Thoughts on Cresco/Columbia Care deal. Sector debt and optimal cannabis investing metrics. Canadian and US operators. Concerns around MSOS; limitations of ETFs. Why Alan's 19% in cash. ...
Summary Not a ton of great news out of the Canadian cannabis sector. Dispiriting earnings, layoffs and more reasons to be bearish. Optimism on select stocks. Alan Brochstein , who will be on this week's podcast, talked about how he used to pray to Canada because of...
TORONTO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2022 fourth quarter and full-year earnings conference call on Tuesday, February 28, 2023 at 8:30 a.m. ET. Cronos’ senior management ...
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The organizers of a new ballot initiative in North Dakota to legalize recreational cannabis submitted their petition signatures on July 5, 2024. This step sets the stage for another potential statewide vote on a matter that voters and state lawmakers have previously turned down. Steve Bakken,...