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Cronos Doubles Revenue, beats analyst

Estimable Member
Joined: 8 months ago
Posts: 104
Topic starter  

Cronos Group (CRON.T) said Tuesday its first-quarter net loss narrowed to $16.42 million, or 9 cents a share, from a loss of $146.2 million, or 44 cents a share, in the year-ago quarter. Revenue doubled to $25.03 million from $12.61 million. 

D. H. Taylor
Member Admin
Joined: 2 years ago
Posts: 689

Is Cronos Group CRON stock officially turning a corner?  

We should hope so.  Cron stock is popular, widely held, and highly traded (Nasdaq Listed).  When there are successes in these stocks, it has the ability to draw in others into cannabis stocks in general.  So, solid news.  


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