Cronos Group Inc. (CRON)
Cronos Group Inc. operates in the Drug Manufacturers - Specialty & Generic industry of the Healthcare sector, headquartered in Stayner, ON, CA. The stock last traded at $3.13, up 1.62% on the session, giving a market capitalisation of $1.17B. On trailing twelve-month figures it carries a trailing P/E of 16.65, a net margin of 38.9%. Its beta of 1.24 implies it has historically moved more than the broad market.
Cronos Group Inc. is a company primarily focused on cannabinoids. In the United States, it develops, promotes, and supplies hemp-derived wellness and beauty products under the Lord Jones and Happy Dance brands, reaching consumers through online sales, traditional retail outlets, and partnerships within the hospitality sector. Beyond hemp, the company also engages in the cultivation, production, and commercialization of cannabis and its related extracts for both therapeutic and recreational consumption. Its cannabis offerings encompass dried flower, pre-rolled joints, edibles, concentrates, and various extracts, which are distributed via wholesale channels and directly to clients. The wellness segment operates under the PEACE NATURALS platform, while its adult-use products are marketed through the Spinach brand. Additionally, Cronos exports dried cannabis and cannabis oils to international markets such as Germany, Israel, and Australia. Founded in 2012, the company's headquarters are located in Toronto, Canada.
Cronos Group Inc. is most often compared with the following Healthcare names: