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Cronos Group Inc. (NASDAQ: CRON) reported that its third-quarter net revenue of $11.4 million increased by $5.6 million from the third quarter in 2019. The stock was moving higher by over 7% in early trading as the earnings per share of $0.19 beat the analyst estimates by $0.25....
Cronos Group (CRON): Q3 GAAP EPS of $0.19 beats by $0.25.Revenue of $11.36M (+96.2% Y/Y) beats by $0.15M.Shares +7.58% PM.Press Release For further details see: Cronos Group EPS beats by $0.25, beats on revenue
Kurt Schmidt appointed President and CEO; Mike Gorenstein appointed Executive Chairman Launched a new hemp-derived CBD brand, Happy Dance ™, in the U.S. market in partnership with Kristen Bell Cronos Israel received approval to sell PEACE NATURALS ™ ...
Cannabis stocks are solidly in the green premarket after selling off yesterday despite four additional U.S. states (NJ, AZ, MT, SD) voting to legalize the recreational use of marijuana and two others (MS, SD) voting in favor of medical marijuana.Tilray (TLRY) (+13%), Canopy Growth (CGC) (+6%)...
Cronos Group (OTC:CRON) is scheduled to announce Q3 earnings results on Thursday, November 5th, before market open.The consensus EPS Estimate is -$0.08 vs. $0.53 in 3Q19 and the consensus Revenue Estimate is $11.21M (-11.7% Y/Y).Over the last 1 year, CRON has beaten EPS estimates 75...
Several top Canadian cannabis stocks were sinking on Wednesday. Shares of Aurora Cannabis (NYSE: ACB) were down 9.9% as of 11:14 a.m. EST. Canopy Growth (NYSE: CGC) stock was tumbling 8.7% lower. Cronos Group (NASDAQ: CRON) and Tilray (NASDAQ: TLRY) were fall...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. No winner yetThe U.S. presidential election has yet to deliver a clear winner, as many predicted, with several key contested states too close to call and v...
Voters in New Jersey, Arizona, Montana and South Dakota have voted to legalize recreational marijuana, meaning 1 in 3 Americans now live in a state where adult pot use is legal.South Dakota and Mississippi voters also approved measures to legalize medical marijuana.Despite the news, a big pul...
Cronos Group has jumped over 10% in the last couple of trading days based on excitement over a Biden presidency. The company still has $1.3 billion in cash and investments on the balance sheet from the Altria Group investment. Cronos has failed to launch a meaningful cannabis busi...
It is a mixed day for cannabis names Aphria ([[APHA]] -0.6%), Aurora Cannabis ([[ACB]] +3.9%), Hexo ([[HEXO]] -0.8%), Tilray ([[TLRY]] +0.8%), Canopy Growth ([[CGC]] -1.5%), Green Thumb Industries ([[GTBIF]] +1.4%), Trulieve Cannabis ([[TCNNF]] -2.4%), Curaleaf Holdings ([[CURLF]] -2.4%) and ...
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TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 second quarter earnings conference call on Thursday, August 8, 2024 at 8:30 a.m. ET. Cronos’ senior management team will discus...
TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July 19, 2024, approximately 98.6% of shareholders voting i...