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Cannabis producer Cronos Group drops off posting loss, missing on sales (CRON)

Associated Press The cannabis producer Cronos Group posted disappointing sales as losses widened. Despite this, nearly 4% of the shares were on Thursday. Watch Cronos Group trade live. Cronos group reported first-quarter results , Despite the sales miss, shares rose nearly 4% in the year under review. The cannabis producer reported sales of 6.5 million Canadian dollars, falling short of …

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Aurora Cannabis, Cronos, Canopy Growth or Tilray? – The colorful fool

Canada's recreational marijuana market and the European medical cannabis market are usually the top topics for senior executives of the largest marijuana manufacturers. That makes sense, because almost all the revenue of the major marijuana companies in Canada and Europe are generated. But what about the US, the largest cannabis market in the world? The largest of these major marijuana …

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Dow stays in the Dow; Cronos is smoked – The Motley fool

Wednesday morning saw stock market declines as investors sought out contradictory signs about the state of the US economy and uncertainties surrounding Britain's upcoming exit from the European Union. At 11:30 EDT, the Dow Jones Industrial Average (DJINDICES: ^ DJI) lost 128 points to 25,529. The S & P 500 (SNPINDEX: ^ GSPC) dropped 21 points to 2,797 and the …

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Cannabis producer Cronos sinks after revenue falls short (CRON)

Associated Press Cronos missed its earnings and sales expectations in the fourth quarter. early Tuesday more than 4%. See how Cronos is traded live. Cronos cannabis producer fell more than 4% on Tuesday after missing out on Wall Street's fourth-quarter revenue estimate. Cronos achieved sales of 5.6 million Canadians well below the consensus estimate of 10.8 million Canadian dollars and …

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Cronos weighs on cannabis as BMO becomes latest to downgrade stock

Shares of Canadian cannabis company Cronos Group Inc. fell in the year to date Analyst Tamy Chen lowered her rating to underperform from market perform, the equivalent of a sell rating. The floor                                                                                                                                                                                                                               CRON, -4.13% is now trading for Ebitda, or earnings before interest, taxes, depreciation …

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It's not Aurora Cannabis, Cronos Group or Tilray) – The Motley Fool

Canopy Growth (NYSE: CGC) has a lot of competition. They would have to be high on the list Aurora Cannabis (NYSE: ACB) especially after the company had captured 20% of the Canadian market for marijuana leisure products in the last quarter. Cronos Group [19659005] (NASDAQ: CRON) is another major rival to Canopy Growth. With the big investment of Tobacco Giant …

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Cronos sells 19% stake in Whistler Medical Marijuana Corp. to Aurora Cannabis for C $ 175 million in stock

Canadian cannabis company Cronos Group Inc.                                                                                                                                                                                                                               CRON, + 0.32% CRON, + 1.54% Whistler Medical Corp., Marijuana Corp., said it was sold to all shareholders of Whistler Medical Aurora Cannabis Inc.                                                                                                                                                                                                                               ACB, -2.02% …

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Why the Cronos Group is Falling Today – The Motley Fool

What happened The shares of Cronos Group (NASDAQ: CRON) fell 7.7% on Wednesday at 7:41 am EST, having fallen 11 days earlier the previous day 5% had dropped. Investors appeared to digest the downgrade of Cronos shares by GMP Securities yesterday from "buy" to "hold". Canadian marijuana stocks also generally fell as a group on Wednesday, in part due to …

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