Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
About CRON Financial Performance Analyst Forecast News Cronos Group Reports 2024 Second Quarter Results How the head of cannabis company Cronos dealt with a negative report from indicted short seller Andrew Left 3 Marijuana Stocks For Investors To Trade Today Cronos Group Inc. to Hold 2024 Second Quarter Earnings Conference Call on August 8, 2024 Cronos Group Inc. Announces Results of Reconvened 2024 Annual Meeting of Shareholders The Best Marijuana Stocks This Week Cronos Group Inc. to Reconvene Virtual 2024 Annual Meeting of Shareholders Cronos Brand Spinach® Celebrates Summer with New Launches Cronos Group Inc. Announces Results of 2024 Annual Meeting of Shareholders Legal cannabis sales eat into beer revenue, survey data shows Cronos Group Announces Expansion of GrowCo to Fuel Global Growth June 2024: Canadian Cannabis Stocks with High Potential Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth' How the Biden administration could help these cannabis stocks grow June 2024 Watchlist: Top Canadian Cannabis Stocks to Watch Cronos Group Inc. to Speak at Bernstein's 40th Annual Strategic Decisions Conference Cronos Terminates Sale-Leaseback of Peace Naturals Campus Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help. Pot Stocks Going Higher In 2024? This Is How Marijuana Stocks Will Be Impacted By Reform In 2024 Cronos' stock rallies after revenue rises to a record, amid strength in cannabis flower sales Cronos Group Reports 2024 First Quarter Results Cronos Enters United Kingdom Cannabis Market May 2024 Watchlist: Leading Canadian Cannabis Stocks Poised for Growth Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous

About CRON

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada. [Read more]

Industry

Sector Healthcare

CEO Michael Ryan Gorenstein J.D.

Employees 356

Stock Exchange NASDAQ

Ticker Symbol CRON

Full Company Profile

Financial Performance

In 2023, Cronos Group's revenue was $87.24 million, an increase of 0.57% compared to the previous year's $86.75 million. Losses were -$73.96 million, -56.17% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CRON stock is "Hold." The 12-month stock price forecast is $3.0, which is an increase of 36.36% from the latest price.

Price Target

$3.0

(36.36% upside)

Analyst Consensus: Hold

Stock Forecasts

News

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (1)

Cronos Group Reports 2024 Second Quarter Results

Net revenue in Q2 2024 increased by 46% year-over-year to $27.8 million Industry-leading balance sheet with $848 million in cash and cash equivalents Announced expansion of Cronos GrowCo designed to f...

1 day ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (2)

How the head of cannabis company Cronos dealt with a negative report from indicted short seller Andrew Left

Cronos Group's Chief Executive Mike Gorenstein was giving a tour of one of the company's cannabis growing facilities in 2018 when he heard that his company's stock was down sharply.

7 days ago - Market Watch

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (3)

3 Marijuana Stocks For Investors To Trade Today

Marijuana stock investors are prepping for future trading. Many who are invested in cannabis are focused on the long term. With how volatile the sector can be there have been some moments to take prof...

9 days ago - MarijuanaStocks

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (4)

Cronos Group Inc. to Hold 2024 Second Quarter Earnings Conference Call on August 8, 2024

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, 20...

15 days ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (5)

Cronos Group Inc. Announces Results of Reconvened 2024 Annual Meeting of Shareholders

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...

18 days ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (6)

The Best Marijuana Stocks This Week

Marijuana stock investors are keeping watch for the next wave of momentum. With all that has taken place over the last several months, there is still a positive outlook for the future. People are star...

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4 weeks ago - MarijuanaStocks

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (7)

Cronos Group Inc. to Reconvene Virtual 2024 Annual Meeting of Shareholders

TORONTO, July 05, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it will reconvene its 2024 Annual Meeting of Shareholders on Fr...

5 weeks ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (8)

Cronos Brand Spinach® Celebrates Summer with New Launches

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc.'s (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) Spinach® brand is expanding its portfolio of award-winning and best-selling cannab...

6 weeks ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (9)

Cronos Group Inc. Announces Results of 2024 Annual Meeting of Shareholders

TORONTO, June 21, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders held yesterday, June 20, 2024 (...

7 weeks ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (10)

Legal cannabis sales eat into beer revenue, survey data shows

Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...

Other symbols: ABEVBUDCGCDEOGTBIFSAMSTZ

7 weeks ago - Market Watch

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (11)

Cronos Group Announces Expansion of GrowCo to Fuel Global Growth

TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, announced an expansion of Cronos Growing ...

7 weeks ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (12)

June 2024: Canadian Cannabis Stocks with High Potential

The global cannabis industry and top marijuana stocks are experiencing significant growth, making it an attractive sector for investors. Currently valued at over $20 billion, the industry is projected...

Other symbols: CGCTLRY

7 weeks ago - MarijuanaStocks

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (13)

Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth'

Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF CNBS, is renowned forrecognizing the potential of the cannabis sector early on. In an exclusive interview with Benzinga Cannab...

Other symbols: ACBCGCTLRY

7 weeks ago - Benzinga

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (14)

How the Biden administration could help these cannabis stocks grow

U.S. reclassifying marijuana would give companies a tax break and more cash to spend

Other symbols: ACBCGCTLRY

2 months ago - Market Watch

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (15)

June 2024 Watchlist: Top Canadian Cannabis Stocks to Watch

As the cannabis industry continues to grow, investors are closely watching top Canadian marijuana stocks this week. The global cannabis market is projected to reach $73.6 billion by 2027, with the U.S...

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2 months ago - MarijuanaStocks

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (16)

Cronos Group Inc. to Speak at Bernstein's 40th Annual Strategic Decisions Conference

TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced thatMike Gorenstein, Chai...

2 months ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (17)

Cronos Terminates Sale-Leaseback of Peace Naturals Campus

TORONTO, May 28, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it has terminated its agreement (the “Sale Agreement”) with Futu...

2 months ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (18)

Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help.

When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s.

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3 months ago - Market Watch

Pot Stocks Going Higher In 2024?

How will rescheduling cannabis impact pot stocks? Dan Ahrens expects a domino effect of various federal level reforms to clarify medical and adult use legality.

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3 months ago - Schwab Network

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (19)

This Is How Marijuana Stocks Will Be Impacted By Reform In 2024

As the cannabis industry continues its growth in 2024, a confluence of regulatory, demographic, and market trends is shaping the sector. This has presented a fertile ground for savvy investors. Here's...

Other symbols: CRLBFGNLNACBCGCTLRY

3 months ago - MarijuanaStocks

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (20)

Cronos' stock rallies after revenue rises to a record, amid strength in cannabis flower sales

Shares of Cronos Group Inc. CRON CA:CRON climbed 3.1% in premarket trading, after the cannabis company reported revenue that rose to a record and beat expectations, citing strength in flower sales in ...

3 months ago - Market Watch

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (21)

Cronos Group Reports 2024 First Quarter Results

Industry-leading balance sheet with $855 million in cash and cash equivalents Net revenue in Q1 2024 increased by 30% year-over-year to $25.3 million Spinach ® was top-3 in retail sales in Canada in t...

3 months ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (22)

Cronos Enters United Kingdom Cannabis Market

TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it is expanding its medical brand, PEACE NATURALS, into the Unit...

3 months ago - GlobeNewsWire

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (23)

May 2024 Watchlist: Leading Canadian Cannabis Stocks Poised for Growth

As May 2024 begins, Canadian cannabis companies are catching the eye of savvy investors. Among these, Canopy Growth Corporation and Aurora Cannabis stand out for their expansive market reach and innov...

Other symbols: HITIVFF

3 months ago - MarijuanaStocks

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (24)

Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous

Canopy Growth Corp. and Tilray Brands Inc. stocks made more modest moves on Wednesday after a huge rally in the previous session on plans by the Biden administration to reclassify pot as less dangerou...

Other symbols: ACBCGCTLRY

3 months ago - Market Watch

Cronos Group Inc. (CRON) Stock Price, Quote & News - Stock Analysis (2024)
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