Cronos Group

Legalizing cannabis presents an opportunity for the federal government to tap into a valuable source of revenue. Instead of relying solely on sales taxes, the integration of the cannabis industry into the legal space can generate substantial personal and corporate income taxes. This potential...

By Joana Scopel via El Planteo Although there are still more legislative steps to follow before it (potentially) enacted, the bill to legalize marijuana in Colombia was approved Tuesday by the Senate in a new instance. This is a law that legalized the use of cannabis in all its functions,...

Cannabis and celebrities seem to go hand in hand. Some celebs have decided to become part of the industry as brand ambassadors, while others have launched their own brands. Musicians, actors and athletes have expressed their love for the plant. But why now? Is it because the stigma around...

Canadian cannabis company Cronos Group Inc (NASDAQ: CRON) reported first-quarter results Thursday that included revenue growth of 120 percent on the year driven by legalization of adult-use cannabis and strong CBD oil sales. What Happened Cronos Group's net revenue amounted to CA$6.47...

The four largest cannabis companies in Canada -- Aurora Cannabis Inc (NYSE: ACB), Canopy Growth Corp (NYSE: CGC), Tilray Inc (NASDAQ: TLRY) and Cronos Group Inc (NASDAQ: CRON) -- have all recently reported quarterly financial results. Even though the results were mostly positive and showed ...

Cronos Group Inc (NASDAQ: CRON)'s stock opened lower Tuesday after the company reported third-quarter results. Although the Canadian cannabis company posted big revenue and sales volume increases, investors were disappointed to see a wider-than-expected bottom-line loss. What Happened Cronos...

In a recent chat with Cronos Group Inc (CVE: MJN) (OTC: PRMCF)’s President and CEO Michael Gorenstein, and its head of marketing and communications, Eric Klein, we looked into the challenges of exporting cannabis, recent corporate news, expansion plans and more. In this last piece, we’...

Cronos Group Inc (CVE: MJN) (OTC: PRMCF) is one of the largest licensed cannabis producers in Canada, only trailing a few industry behemoths like CANOPY GROWTH CORP COM NPV (OTC: TWMJF), APHRIA INC COM NPV (OTC: APHQF) and AURORA CANNABIS IN COM NPV (OTCL ACBFF). A few days ago, Benzinga had the...

A few days ago, Benzinga had the chance to chat with Cronos Group Inc (CVE: MJN) (OTC: PRMCF)’s president and CEO Michael Gorenstein and its head of marketing and communications Eric Klein. The execs went into their business, the challenges of exporting cannabis, recent corporate news and...