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Cronos Terminates Sale-Leaseback of Peace Naturals Campus
globenewswire.com· 2024-05-29 04:45
TORONTO, May 28, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it has terminated its agreement (the “Sale Agreement”) with Future Farmco Canada Inc. (the “Buyer”), for the sale and leaseback of its property located at 4491 Concession 12 Sunnidale Road, Stayner, Ontario, Canada, L0M 1S0 (the “Peace Naturals Campus”). The Buyer did not satisfy or waive its due diligence and financing condition by the May 27, 2024 deadline, as set forth i ...
3 Penny Stocks That Could Be Millionaire-Makers: May Edition
investorplace.com· 2024-05-27 18:00
Investors largely look at penny stocks to buy from a trading or speculation perspective. The idea is to sell when the stock doubles or triples. In most cases, this strategy makes sense because penny stocks largely represent companies with average or poor fundamentals. The risk factor is therefore high and penny stocks are not worth holding in the core portfolio.Having said that, there are exceptions. Several high-quality growth stocks of today were penny stocks at one point in time. In the universe of penny ...
Cronos Group(CRON) - 2024 Q1 - Earnings Call Transcript
2024-05-09 23:41
Cronos Group Inc. (NASDAQ:CRON) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Shayne Laidlaw - IR Mike Gorenstein - Chairman, President & CEO James Holm - CFO Conference Call Participants John Zamparo - CIBC Matt Bottomley - Canaccord Genuity Operator Good morning. My name is Britney Morgan, and I will be your conference operator today. I would like to welcome everyone to Cronos Group's 2024 First Quarter Earnings Conference Call. Today's call is being recorded. At this time, ...
Cronos Group(CRON) - 2024 Q1 - Quarterly Report
2024-05-09 19:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-38403 __________________________ CRONOS GROUP INC. (Exact name of registrant as specified in its charter) _______________________ ...
Cronos Group(CRON) - 2024 Q1 - Quarterly Results
2024-05-09 19:31
Exhibit 99.1 Cronos Group Reports 2024 First Quarter Results Industry-leading balance sheet with $855 million in cash and cash equivalents Net revenue in Q1 2024 increased by 30% year-over-year to $25.3 million Spinach® was top-3 in retail sales in Canada in the flower, edible, and vape categories in Q1 2024 Launched PEACE NATURALS® brand in the United Kingdom in May 2024 TORONTO, May 9, 2024 - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), today announces its 2024 first quarter b ...
The 3 Best Meme Stocks to Buy in May 2024
InvestorPlace· 2024-05-08 02:00
The rules of investing have significantly changed over the years. That particularly holds true for investors looking for short-term gains. For a value investor, the best strategy is to buy when there is blood on the street and hold patiently.For a trader, charts provide insight into the timing of entry or exit. However, in the last few years, exposure to stocks with high short interest or exposure to the best meme stocks has done wonders. The focus of this column is on meme stocks to buy that can skyrocket ...
May 2024 Watchlist: Leading Canadian Cannabis Stocks Poised for Growth
MarijuanaStocks· 2024-05-03 02:00
Canadian Cannabis Market Leaders: Stocks to Watch This MayAs May 2024 begins, Canadian cannabis companies are catching the eye of savvy investors. Among these, Canopy Growth Corporation and Aurora Cannabis stand out for their expansive market reach and innovation. These companies have been pioneers in the cannabis industry, expanding their operations globally. They are well-positioned to capitalize on emerging markets. This is due to their early entry and continuous investment in research and development.Th ...
Stock Market Crash Alert: 3 Must-Buy Cannabis Stocks When Prices Plunge
InvestorPlace· 2024-05-01 18:37
Warren Buffett is a well-known proponent of value investing. The legendary investor waits for the right valuation before making a big plunge. The whole idea is to buy a good business at a great price. Coming to the point of discussion, I believe that it’s a good time to consider some of the best cannabis stocks to buy.There is no doubt that certain cannabis stocks are already undervalued. However, if there is an opportunity to buy at lower levels, waiting makes sense. With the potential delay in rate cuts, ...
Cronos Group Inc. to Hold Virtual 2024 Annual Meeting of Shareholders
Newsfilter· 2024-04-27 04:45
公司年会信息 - 公司将于2024年6月20日上午11:00在东部时间举行股东年会[1] - 本次年会将以纯虚拟形式通过现场音频网络直播进行,注册股东和正式委任的代理人将有平等机会参与在线年会[2] - 公司的代理声明描述了将在会议上进行的正式业务,并包含有关如何参与会议的详细说明,可在公司网站的投资者部分找到[3] - 年会的重播将在会议结束约24小时后在公司网站的投资者关系部分提供[4] 公司业务描述 - 公司是一家致力于推动大麻研究、技术和产品开发的创新全球大麻素公司,构建颠覆性的知识产权,致力于负责任地提升消费者体验,构建标志性品牌组合[5] - 公司的前瞻性声明可能包含构成适用加拿大和美国证券法和法院裁决的“前瞻性信息”或“前瞻性声明”的信息,其中包括关于公司意图构建国际标志性品牌组合和开发颠覆性知识产权的声明[6] 投资者关系 - 公司的投资者关系联系人是Shayne Laidlaw,电话为(416) 504-0004,电子邮件为investor.relations@thecronosgroup.com[7]
Cannabis: One Stock to Play the Movement
MarketBeat· 2024-04-08 20:39
Key PointsThe Amplify Alternative Harvest ETF has 30 holdings in cannabis stocks, providing investors with diversification within the industry.Cannabis stocks have been making headlines due to the April 1, 2024, legalization of cannabis in Germany.The U.S. Department of Health and Human Services (HHS) has recommended the DEA consider reclassifying cannabis to a Schedule III drug down from a Schedule I drug, which currently carries a maximum prison sentence of 20 years to life.5 stocks we like better than Am ...