Cronos Group Inc.

About Cronos Group Inc.

Cronos Group (ticker – CRON) is a Canadian firm which invests in medical cannabis-producing companies. It is headquartered in Toronto, Canada.

The company owns Peace Naturals (38 ha) and Original BC (12 ha) outright, holding a 21% stake in Whistler Medical Marijuana.

It listed its shares on the NASDAQ (USA) on February 28, 2018.

Cronos Group Revenue
According to its 2017 financial results, the company's income stood at USD 4.1 million. It is projecting a 102.4% increase (to a total of USD 8.3 million) for financial 2019.

Brand goodwill
Cronos Group is a small but fast-growing company operating in a similarly high-speed growth sector.

Shares and quoted prices Cronos Group
Its shares are traded on the NASDAQ. With a unit share price of USD 8.53, the company's market capitalization stands at USD 1.52 billion.

Earnings potential
Over the 9 months that followed its initial public offering, the company's share price has increased by 1147% This is one of the best rates of return on the entire American stock market, beating any savings account yield on offer by some margin.