MARKET COMPOSITE
CRON - Cronos Group Inc8:00:00 PM 4/25/2024
Price
$2.50
+ 0.02 (0.81%)
Cronos Group Inc. operates as a cannabinoid company in the United States and internationally. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through ecommerce, retail, and hospitality partner channels. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. Its brand portfolio includes PEACE NATURALS, a global wellness platform; adult-use brands comprise COVE and Spinach; and hemp-derived CBD brands consists of Lord Jones and PEACE+. Cronos Group Inc. is based in Toronto, Canada.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue23.3MM-6%
Gross Profit2.5MM-38%
Cost Of Revenue20.8MM-
Operating Income-20.4MM-6%
Operating Expenses22.9MM-11%
Net Income-44.8MM-
R&D1.4MM+16%
G&A9.3MM-35%
Marketing6.2MM+18%
Amortization--
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 first quarter earnings conference call on Thursday, May 9, 2024 at 8:30 a.m. ET. Cronos’ senior management team will discuss the Company’s financial results and will be available for questions from the investment community after prepared remarks. To attend the conference call or webcast, participants should register online at https://ir.thecronosgroup.com/events

    We feel now is a pretty good time to analyse Cronos Group Inc.'s ( TSE:CRON ) business as it appears the company may be...

    The next two years can be make-or-break for the cannabis sector. The biggest speed bump to growth for cannabis companies is not competition, but regulations headwinds. And it’s highly probably those headwinds will wane. Therefore, now is a good time to buy cannabis penny stocks for multibagger returns with an investment horizon of 24 months. First, Germany has set the tone with the legalization of cannabis. It’s likely that other European countries will follow suit. Further, cannabis will probab

    There is no doubt that blue-chip stocks are steady value creators and act as a fortress for the portfolio. However, it’s growth and high-potential penny stocks that can make millionaires. A general tendency is to look at penny stocks purely as a speculative bet. That’s understandable in specific cases where the rally is driven by factors like short-squeeze. However, a deeper look into the world of penny stocks will reveal names that are fundamentally strong. Further, selected penny stocks repres

    If even Tilray can't make money from marijuana, what hope does any company have?

    What is the safest way to bet on SAFER marijuana banking reform?

    Even with a relatively small allocation, meme stocks can be game-changers for portfolio returns. Multibagger returns within a few quarters are not uncommon in the world of meme stocks. This column focuses on meme stocks to buy in April for returns in the range of 50% to 100% before the end of 2024. There were two primary catalysts for the meme stocks discussed. First, these stocks represent ideas with industry or company-specific tailwinds that will drive growth and value creation. Further, the

    Over the last few years, cannabis stocks have struggled and trended lower. The two negatives being regulatory headwinds and cash burn. However, there finally seems to be light at the end of the tunnel. Companies have controlled costs and this has translated into improved margins. Further, it’s likely that regulatory headwinds will wane for the sector. Given the sense of optimism, this column discusses the most undervalued cannabis stocks to buy in April. It’s worth noting that Germany recently l

    There are some penny stocks for massive ROI that investors should consider adding to their portfolios as we enter into this year’s second quarter. Penny stocks are shares of small public companies that trade at low prices, typically below $5 per share. While they are considered highly speculative investments, penny stocks can offer several potential advantages and benefits for investors willing to take on higher risk. Furthermore, penny stocks may improve risk-adjusted returns in bull markets du

    Some of the best cannabis stocks to buy could be in for a breakthrough in the second-quarter of 2024. Germany recently green-lit cannabis for personal use, and the potential Joe Biden re-election in the U.S. presidential election could spur robust growth across the sector. When he assumed power in 2021, cannabis stocks took off to the moon, with investors optimistic over federal-level legalization. It’s election year again, and the Biden Administration is aggressively pursuing cannabis reform in