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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...
Tilray (TLRY) and Canopy Growth (CGC) are both buys, according to Bank of America, because of their ability to enter the U.S. market should federal marijuana legalization occur and CBD beverage distribution.BoA analyst Heather Balsky has reinstated coverage of Tilray and Canopy with price tar...
We continue to be perplexed by the elevated valuation of Cronos; its 32x EV/Sales is difficult to be justified based on fundamentals. It reported $47M revenue and $147M negative EBITDA for 2020 which we view as the weakest among the top 10 Canadian LPs. We see no appeal in Cronos ...
Cannabis stocks are in focus after Bank of America resumed coverage on several Canadian names in the sector including Canopy Growth, Tilray, and Cronos Group. But first on Cantor’s take on Humana - Kindred deal.Humana deal points to provider/payer convergence: CantorYesterday, after th...
TORONTO, April 28, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) will hold its 2021 Annual Meeting of Shareholders on Friday, June 25, 2021, at 11:00 a.m. EDT. Due to the continued public health conc...
As more and more states legalize marjiuana, federal legalization in the U.S. seems inevitable. Not only are more states passing legislation to permit recreational use, but a vast majority of Americans also support legalization. According to a recent survey, Pew Research found that 91% of pe...
2 Marijuana Stocks To Watch Before Next Month As marijuana stocks still wait for better trading there is still time to build up your investment portfolio. With only a few cannabis companies starting to see better trading now is the time to consider looking for top marijuana stocks t...
TORONTO, April 23, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) will hold its 2021 First Quarter Earnings Conference Call on Friday, May 7, 2021 at 8:30 a.m. EDT. Cronos Group’s senior management t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Yet again, the optimism toward cannabis stock has spiked, then faded. Cronos Group (NASDAQ: CRON ) stock has been no exception. Source: Shutterstock Both CRON stock and the sector as a whole, as measured by th...
TORONTO and LOS ANGELES, April 21, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) is pleased to reveal a new transformative marketing campaign of its prestige...
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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...
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,...