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Neptune Wellness changed business strategies last year, and the results are now apparent. Neptune reported high revenue, showing a 456% increase YoY and a lower net loss. NEPT stock price has been on a downtrend and recently hit its 52-week low. NEPT's lower price brings a mor...
Cronos Group (NASDAQ:CRON) has announced the return of Mike Gorenstein in the role of company's new chairman, president and CEO. The transition comes on Kurt Schmidt's retirement, effective Mar. 21, 2022. "A key element of our plan is being ready for entry into the U.S. cannabi...
Growth stocks are cheap these days. But that doesn't mean that all of them are good buys. Investors need to be careful in sorting out the good deals from the investments that could be headed further down. Three growth stocks that have declined by more than 17% over the past year (while ...
Cronos Group (NASDAQ: CRON) hasn't been a really serious contender in the marijuana market. On the revenue front, it doesn't compare to the bigger vertically integrated cannabis businesses, and operationally, it struggles to turn a profit and continually burns through cash. But ...
Image source: The Motley Fool. Cronos Group Inc. (NASDAQ: CRON) Q4 2021 Earnings Call Mar 01, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: Cronos Group Inc. (CRON) Q4 2021 Earnings Call Transcript
After a long delay, Cronos releases both its third quarter and fourth quarter earnings results. Cronos Group's revenues grew 51%, but the adjusted EBITDA loss was more than revenues. Cronos is investing heavily in R&D, specifically, using synthetic biology to produce expensive...
Cronos Group Inc. (CRON) Q4 2021 Results Conference Call March 01, 2022 08:30 AM ET Company Participants Shayne Laidlaw - IR Kurt Schmidt - President and CEO Bob Madore - CFO Mike Gorenstein - Executive Chairman Conference Call Participants Andrew Carter - Stifel Michael Freeman - Raymond Jam...
Canadian cannabis player, Cronos Group (NASDAQ:CRON) posted a mixed performance with its Q4 2021 financials on Tuesday as earnings fell short of the consensus despite a revenue beat. In conjunction with the earnings, Cronos (CRON) announced its plans to exit Peace Naturals Campus, a cann...
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced its 2021 fourth quarter and full-year business results. Cronos reported that in the fourth quarter it had net revenue of $25.8 million an increase of $8.7 million from the same time period last year. Cronos said the increa...
Cronos Group press release (NASDAQ:CRON): Q4 GAAP EPS of -$0.36 misses by $0.25. Revenue of $25.8M (+51.3% Y/Y) beats by $1.94M. Shares -0.56% PM. For further details see: Cronos Group GAAP EPS of -$0.36 misses by $0.25, revenue of $25.8M beats by $1.94M
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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,...