Business Strategy and Outlook
| Kristoffer Inton |Cronos Group cultivates and sells cannabis predominantly in Canada and hemp-derived CBD in the U.S. but also participates in the global medical cannabis market.
NASDAQ: CRON
Last close prices updated as of
Jan 27, 2023, 4:00 PM EST
| USD | BATS BZX Real-Time Price
- Last Close 2.49
- Sector Healthcare
- Industry Drug Manufacturers - Specialty & Generic
- Investment Style Small Blend
- Day Range 2.41 – 2.50
- Year Range 2.41 – 4.31
- Market Cap 943.9453 Mil
- Volume / Avg 1.8 Mil / 1.8 Mil
- Price / Sales 9.87
- Price / Book 0.79
- Forward Div Yield —
- Trailing Div Yield —
Morningstar‘s Stock Analysis CRON
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Cronos' Small Size Remains a Disadvantage, Though Offset by Its Large War Chest From Altria
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Company Profile CRON
Business Description
Cronos Group, headquartered in Toronto, Canada cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis to Poland and Germany. In addition, it has entered joint ventures in Israel, Colombia, and Australia to drive further international cultivation and distribution growth. In the U.S. the company directly sells hemp-derived CBD and has an option to acquire 10.5% of U.S. multistate operator PharmaCann.
Related Articles CRON
FAQs for Cronos Group Inc Stock
No. CRON does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CRON’s market cap is 943.95 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CRON’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CRON’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CRON’s historical performance against its industry peers and the overall market.