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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...
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...
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...
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...
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...
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. ...
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...
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...
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...
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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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,...