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TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), today announces its 2023 third quarter business results. “By most financial metrics, Q3 2023 was one of the best quarters in Cronos history,” said Mike Gorenstein, Chairman, President and CEO, Cronos. “We achieved…

After Canopy Growth’s terrible earnings report earlier in February, many cannabis stocks traded lower. We find this to be a good time to look at the cannabis sector as earnings season is kicking into high gear. With the companies that are expected to report soon, it really cannot get worse…

TORONTO, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), today announces its 2022 fourth quarter and full-year business results. “2022 was a transformative year for Cronos in which we executed a business realignment, including a cost savings program, while staying laser focused…

TORONTO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, today announced that its award-winning gummies portfolio under the Spinach® brand has become the top-selling edible brand in Canada, capturing 15.8%1 market share of the total edibles category in January 2023. Since…

TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) today announced that on December 16, 2022, Altria Group, Inc. (“Altria”) notified the Company that its wholly owned subsidiary, Altria Summit LLC, relinquished a warrant to subscribe for and purchase up to…

TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, today announced the launch of a CBC-focused product, the Spinach FEELZ™ THC+CBC Day Trip Mango Lime gummies, utilizing Ginkgo Bioworks’ platform for organism design and development. The Spinach FEELZ™ Day Trip gummies…

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2022 third quarter earnings conference call on Monday, November 7, 2022 at 8:30 a.m. ET. Cronos’ senior management team will discuss the Company’s financial results and will be available…

Last week, Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) traded lower after reporting third quarter financial results and we believe the market had negative feeling about the report. After the earnings report, five broker dealers lowered its respective price target on the Canadian Licensed Producer (LP) which we highlighted below: Piper…

During the last year, leading Canadian broker-dealers have been downgrading Canadian Licensed Producers’ (LPs) rating on average. The banks have also been lowering price targets for Canadian LPs and we consider this to be a bearish indicator.  Although we continue to hope to see a change in trend with rating…

On Friday, Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) released second quarter financial results and reported several important developments. From higher cannabis sales to the appointment of a new CFO, we believe that Cronos is in the early innings of a major growth cycle. We believe the Canadian cannabis company…