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Cronos Group Inc (CRON.O)

CRON.O on Consolidated Issue listed on NASDAQ Global Market

6.28USD
15 Nov 2019
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$-0.54 (-7.92%)
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Latest Key Developments (Source: Significant Developments)

Cronos Group Posts Qtrly Earnings Per Share $0.53
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - Cronos Group Inc ::. ANNOUNCES THIRD QUARTER 2019 RESULTS.QTRLY KILOGRAMS SOLD 3,142 KILOGRAMS VERSUS 514 KILOGRAMS FOR NON-U.S. MARKETS.QTRLY EARNINGS PER SHARE $0.53.QTRLY NET REVENUE WAS $12.7 MILLION, REPRESENTING A 238% INCREASE FROM $3.8 MILLION IN Q3 2018.QTRLY NET REVENUE $12.7 MILLION VERSUS $3.8 MILLION.Q3 EARNINGS PER SHARE VIEW C$-0.04, REVENUE VIEW C$14.1 MILLION -- REFINITIV IBES DATA.  Full Article

Cronos Group Inc. QTRLY Earnings Per Share $0.22
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC. ANNOUNCES SECOND QUARTER AND FIRST-HALF 2019 RESULTS.CRONOS GROUP INC - NET REVENUE WAS $10.2 MILLION IN Q2 2019, REPRESENTING A 202% INCREASE.CRONOS GROUP INC - 1,584 KILOGRAMS WERE SOLD IN Q2 2019, REPRESENTING A 232% INCREASE.CRONOS GROUP INC - QTRLY EARNINGS PER SHARE $0.22.CRONOS GROUP INC - CONTINUED GROWTH IN CANNABIS OIL SALES, WHICH REPRESENTED 20% OF NET PRODUCT REVENUE IN Q2 2019.  Full Article

Cronos Group Inc - Will Acquire Redwood For Approximately $300 Million
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Cronos Group Inc ::CRONOS GROUP ESTABLISHES NEW GROWTH OPPORTUNITY IN THE UNITED STATES WITH ACQUISITION OF HEMP-BASED PRODUCTS PLATFORM.CRONOS GROUP INC - CRONOS GROUP WILL ACQUIRE REDWOOD FOR APPROXIMATELY USD $300 MILLION.CRONOS GROUP - $225 MILLION OF TOTAL CONSIDERATION WILL BE PAID IN CASH WITH BALANCE PAID IN NEWLY ISSUED CRONOS GROUP COMMON SHARES..CRONOS GROUP INC - CRONOS GROUP WILL FUND CASH PORTION OF TRANSACTION WITH CASH ON HAND..  Full Article

Cronos Group Enters Agreement To Buy Fermentation & Manufacturing Facility
Thursday, 11 Jul 2019 

July 11 (Reuters) - Cronos Group Inc ::CRONOS GROUP ENTERS AGREEMENT TO ACQUIRE STATE-OF-THE-ART FERMENTATION AND MANUFACTURING FACILITY.CRONOS GROUP INC - COMPANY INTENDS TO USE EXISTING CASH ON HAND TO FUND ACQUISITION.CRONOS GROUP INC - AFI IS CURRENTLY OVERSEEING A WIND-DOWN OF FACILITY, WHICH IS EXPECTED TO CONTINUE THROUGH FALL 2019.CRONOS GROUP INC - ACQUISITION IS NOT EXPECTED TO BE MATERIAL TO CRONOS GROUP'S CASH POSITION.CRONOS GROUP - WILL BEGIN ALIGNING SPECIFICATIONS FOR EQUIPMENT AND MANUFACTURING REQUIRED FOR PRODUCTION AND DOWNSTREAM PROCESSING OF CANNABINOIDS..CRONOS GROUP - AGREEMENT TO ACQUIRE AN 84,000 SQUARE FOOT GMP COMPLIANT FERMENTATION AND MANUFACTURING FACILITY IN WINNIPEG, CANADA.  Full Article

Cronos Group And Medipharm Labs Enter Cannabis Concentrate Supply Agreement
Tuesday, 14 May 2019 

May 14 (Reuters) - Cronos Group Inc ::CRONOS GROUP AND MEDIPHARM LABS ENTER CANNABIS CONCENTRATE SUPPLY AGREEMENT.CRONOS GROUP INC - MEDIPHARM LABS WILL SUPPLY CRONOS GROUP WITH APPROXIMATELY $30 MILLION OF HIGH-QUALITY PRIVATE LABEL CANNABIS CONCENTRATE.CRONOS GROUP INC - SUPPLY CAN POTENTIALLY GO UP TO $60 MILLION OVER 24-MONTHS.CRONOS GROUP INC - CO AND MEDIPHARM LABS HAVE ENTERED INTO A MULTI-YEAR TOLLING AGREEMENT TO FULFILL CERTAIN ADDITIONAL PROCESSING NEEDS OF CO.CRONOS GROUP INC - CRONOS GROUP AND MEDIPHARM LABS HAVE ALSO ENTERED INTO A MULTI-YEAR TOLLING AGREEMENT.CRONOS GROUP INC - PEACE NATURALS WILL ALSO HAVE A RIGHT OF FIRST OFFER TO PURCHASE AN ADDITIONAL APPROXIMATELY $18 MILLION OF CANNABIS CONCENTRATE.CRONOS - DEAL INCLUDES OPTION FOR MUTUAL EXTENSION WHERE, IF EXTENDED, PEACE NATURALS WOULD ALSO PURCHASE MINIMUM OF ABOUT $6 MILLION OF CONCENTRATE.CRONOS GROUP - AGREEMENT INCLUDES OPTION FOR MUTUAL EXTENSION WHERE PEACE NATURALS WOULD ADDITIONALLY PURCHASE MINIMUM OF ABOUT $6 MILLION OVER 6 MONTHS.CRONOS GROUP INC - TOLLING AGREEMENT HAS A TWO-YEAR TERM..  Full Article

Cronos Group Inc Reports Q1 Results
Thursday, 9 May 2019 

May 9 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC. ANNOUNCES FIRST QUARTER 2019 RESULTS.CRONOS GROUP INC - CRONOS GROUP CLOSES C$2.4 BILLION STRATEGIC INVESTMENT FROM ALTRIA GROUP.CRONOS GROUP INC - NET REVENUE WAS $6.5 MILLION IN Q1 2019, REPRESENTING A 120% INCREASE FROM $2.9 MILLION IN Q1 2018.CRONOS GROUP INC - 1,111 KILOGRAMS WERE SOLD IN Q1 2019, REPRESENTING A 122% INCREASE FROM 501 KILOGRAMS SOLD IN Q1 2018.CRONOS GROUP INC - QTRLY EARNINGS PER SHARE $0.48.  Full Article

Cronos Group Inc Reports Q4 Net Revenues Of $5.6 Mln
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC. ANNOUNCES FOURTH QUARTER 2018 AND FULL YEAR 2018 RESULTS.CRONOS GROUP INC - IN CONNECTION WITH CLOSING OF ALTRIA INVESTMENT, CRONOS GROUP BOARD EXPANDED FROM FIVE TO SEVEN MEMBERS.CRONOS GROUP INC - REPORTED NET REVENUES OF $5.6 MILLION IN Q4 2018 AS COMPARED TO $1.6 MILLION FOR Q4 2017.  Full Article

Four New Directors Join Cronos Group Board
Friday, 8 Mar 2019 

March 8 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC - FOUR NEW DIRECTORS JOIN CRONOS GROUP BOARD.CRONOS GROUP INC - JERRY BARBATO APPOINTED CHIEF FINANCIAL OFFICER OF CRONOS GROUP.CRONOS GROUP INC - WILLIAM HILSON APPOINTED CHIEF COMMERCIAL OFFICER.CRONOS GROUP INC - WILLIAM HILSON APPOINTED CHIEF COMMERCIAL OFFICER.CRONOS GROUP INC - CLOSES C$2.4 BILLION STRATEGIC GROWTH INVESTMENT FROM ALTRIA GROUP, INC..CRONOS GROUP INC - BOARD OF DIRECTORS OF CRONOS GROUP HAS BEEN EXPANDED FROM FIVE TO SEVEN MEMBERS..  Full Article

Cronos Group Inc - Entered Into A Supply Agreement With Cura Select Canada, Ltd
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC - ENTERED INTO A SUPPLY AGREEMENT WITH CURA SELECT CANADA, LTD.  Full Article

Cronos Group Announces $100 Million Bought Deal
Thursday, 22 Mar 2018 

March 21 (Reuters) - Cronos Group Inc ::CRONOS GROUP INC. ANNOUNCES $100 MILLION BOUGHT DEAL.  Full Article

UPDATE 2-Pot producers Cronos and Tilray report lower prices, soaring expenses

Nov 12 Cronos Group Inc and Tilray Inc both reported selling prices that nearly halved, while expenses for both the Canadian pot producers soared in the third quarter.