Cronos Group Inc. (CRON.TO)
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 $4.74, up 0.85% on the session, giving a market capitalisation of $1.77B. Its beta of 1.28 implies it has historically moved more than the broad market.
Cronos Group Inc. functions as a diversified global cannabinoid enterprise. Within the United States, it manufactures, promotes, and distributes a variety of hemp-derived supplements and cosmetic products. These items are available under its Lord Jones and Happy Dance brands through online sales, traditional retail, and hospitality partner networks. The company also plays a significant role in the cultivation, production, and commercialization of cannabis and cannabis-infused products for both medicinal and adult-use sectors. Its comprehensive product offerings encompass dried cannabis flower, pre-rolled joints, edibles, concentrated forms, and cannabis extracts. These are distributed via wholesale partnerships and direct-to-consumer channels, prominently featuring its wellness platform, PEACE NATURALS, and its adult-use brand, Spinach. Moreover, Cronos Group exports dried cannabis and cannabis oils to international markets including Germany, Israel, and Australia. Established in 2012, the company maintains its corporate headquarters in Toronto, Canada.
Cronos Group Inc. is most often compared with the following Healthcare names: