| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 23.3MM | -6% |
| Gross Profit | 2.5MM | -38% |
| Cost Of Revenue | 20.8MM | - |
| Operating Income | -20.4MM | -6% |
| Operating Expenses | 22.9MM | -11% |
| Net Income | -44.8MM | - |
| R&D | 1.4MM | +16% |
| G&A | 9.3MM | -35% |
| Marketing | 6.2MM | +18% |
| Amortization | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
We've also got a look at what's cooking in the legal marijuana industry.
Cronos Group ( TSE:CRON ) First Quarter 2024 Results Key Financial Results Revenue: US$25.3m (up 26% from 1Q 2023). Net...
Cronos Group Inc. (NASDAQ:CRON) Q1 2024 Earnings Call Transcript May 9, 2024 Cronos Group Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. My name is Britney Morgan, and I will be your conference operator today. I would […]
Record Net Revenue Achieved Amidst Strategic Shifts and Market Expansion
My view is that expansionary monetary policy in the second half of 2024 is likely to be a major catalyst for a broad-based market rally. It’s therefore a good time to accumulate high-quality growth stocks. At the same time, risk taking investors can consider exposure to undervalued penny stocks that can potentially go ballistic. While I am looking at a near term catalyst, the focus of this column is on penny stocks to buy and hold until 2027. During this period, I believe that the penny stocks d
CRON earnings call for the period ending March 31, 2024.
Among the emerging industries that have captured the attention of investors is the cannabis sector. The cannabis industry has experienced remarkable growth, giving rise to a new breed of top cannabis stocks to buy for investments in May. Although the results so far from the cannabis industry have disappointed many investors, I feel that the long-term prospects remain promising. While the initial hype and optimism surrounding the legalization of cannabis may have led to unrealistic expectations,
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 09, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), today announces its 2024 first quarter business results. “Cronos achie
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 c
TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announced today that it is expanding its medical brand, PEACE NATURALS, into the United Kingdom market with its first shipment of cannabis flower to GROW® Pharma, a leading distributor of prescribed medicinal cannabis products in the UK. Cronos will provide high-quality premium cannabis products, which have become synonymous globally with the PEACE NATURALS® brand, to patients in th