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According to a recent report from ResearchAndMarkets.com, the global CBD market is expected to expand to $13.4 billion by 2028, reflecting a CAGR of over 21% from 2021 to 2028, making it one of the most explosive fast-growing markets in the developed-world economy. “Increasing awarenes...
Cronos is Canada's third-largest licensed producer based on market capitalization and cash-rich. PharmaCann owners escaped a financial disaster. The future of PharmaCann just got brighter. Altria Group owns 45% of Cronos. For further details see: Cronos Sets Its Sigh...
marchmeena29/iStock via Getty Images AstraZeneca bullish on Enhertu in upcoming studies BofA Securities talked with AstraZeneca (AZN) EVP, Oncology Dave Frederick who told the firm the company believes two upcoming studies on Enhertu (fam-trastuzumab deruxtecan-nxki) will boost use of the bre...
It’s time for your Daily Hit of cannabis financial news for June 14, 2021. On The Site Cronos Canadian-based Cronos Group Inc. (NASDAQ: CRON) stock was rising over 2% on news that the company was buying an option to acquire 10.5% of U.S.-ba...
Canadian Cannabis Stocks In 2021 Currently in June Canadian marijuana stocks are showing the most upward momentum in the market. After several months of consolidation, the cannabis sector appears to have found its bottom. So far this month some top Canadian marijuana stocks have gai...
Canadian-based Cronos Group Inc. (NASDAQ: CRON) stock was rising over 2% on news that the company was buying an option to acquire 10.5% of U.S.-based PharmaCann for $110.4 million. The company said that the option exercise will be based upon various factors, including the stat...
A subsidiary of Cronos Group (CRON) to acquire an approximately 10.5% ownership stake in PharmaCann, one of the largest vertically integrated cannabis companies in the US for $110.4M.PharmaCann has a broad geographic footprint in the U.S. and has built an efficient, e...
Investment is Expected to Position Cronos Group to Benefit from Rapid Growth in the U.S. Cannabis Market PharmaCann is Well Positioned in Limited License States Across the Midwest and Northeast TORONTO and CHICAGO, June 14, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NAS...
People in the position of power — presidents, parliamentarians, members of Congress, provincial premiers — often have the power to sway the market with their decisions and comments. But they aren’t the only people with that power. Investors and business magnates like Wa...
Palm Beach, FL – June 10, 2021 – Cannabidiol (CBD) extract is a product that’s derived from cannabis. It’s a type of cannabinoid, which are the chemicals naturally found in marijuana plants. Even though it comes from marijuana plants, CBD doesn’t create a ...
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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,...