TSE:CRON

2.91
0.08 (2.83%) 1d
0

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BUY
Cronos Group Inc
It got stuck above $30 and is now building a nice base. He likes this.
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COMMENT
Cronos Group Inc
It looks fantastic, but with no history, technical analysis is impossible. This is pure speculation though he likes the industry.
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BUY
Cronos Group Inc

Used to own it. Management has raised money well and focused on expanding theiR operations in Europe, supplying medical marijuana there, where they can fetch much higher prices. Will be interesting to see if they can get more licenses to sell there. Europe is a bigger market than the U.S. and Europe is more progressive. So, them gaining a beach-head in medical cannabis will help to capture the recreational market.

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COMMENT
Cronos Group Inc

Probably one of the best performers in cannabis in the last 18 months. Well capitalized and they continue to execute. Also focused in Germany, and are getting significantly higher prices there. He would like to see them grow into what they need to do with their operation.

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PARTIAL BUY
Cronos Group Inc

They just broke ground on the largest indoor grow facility. They have genetics that are superlative. They are not selling their seeds. He expects them to be a big recreational competitor. First Nations may represent a huge opportunity for Marijuana. It seems to be bottoming out here, but he would be cautious.

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COMMENT
Cronos Group Inc

This has a couple of interesting aspects. They have great genetics, and genetics are really important. If you are going to go recreational, you need a marijuana seed that produces a high quality product. They just doubled their 15,000 ft.² facility and will have a big expansion on their property. He likes this company.

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Cronos Group Inc(CRON-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Cronos Group Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cronos Group Inc(CRON-T) Frequently Asked Questions

What is Cronos Group Inc stock symbol?

Cronos Group Inc is a Canadian stock, trading under the symbol CRON-T on the Toronto Stock Exchange (CRON-CT). It is usually referred to as TSX:CRON or CRON-T

Is Cronos Group Inc a buy or a sell?

In the last year, there was no coverage of Cronos Group Inc published on Stockchase.

Is Cronos Group Inc a good investment or a top pick?

Cronos Group Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cronos Group Inc.

Why is Cronos Group Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cronos Group Inc worth watching?

0 stock analysts on Stockchase covered Cronos Group Inc In the last year. It is a trending stock that is worth watching.

What is Cronos Group Inc stock price?

On 2024-12-06, Cronos Group Inc (CRON-T) stock closed at a price of $2.91.