Should You Invest In Cronos Group Inc?

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CRON
Cronos Group Inc
1.79
-1.1%
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Cronos Group Inc. is a Canadian company engaged in the production and distribution of cannabis products. The company is essentially an investment firm, focused on research, technology, and product development in the area of cannabis-based health solutions. Established in 2013, Cronos Group describes itself as having a passion to responsibly elevate the consumer experience. It is headquartered in Toronto, Canada, and has an international production and distribution network across five continents. The firm manages a portfolio of cannabis related brands including PEACE NATURALS, a consumer wellness brand using all-natural ingredients, COVE and Spinach, which are adult-use recreational brands, and three hemp-derived CBD brands, Lord Jones, Happy Dance, and PEACE+. The firm is divided into the geographical segments of the United States and Rest of World. The United States segment is primarily focused on the manufacture and distribution of hemp-derived CBD products. The Rest of World segment is focused on the cultivation, manufacture, and marketing of cannabis and cannabis-derived products aimed at both the medical and adult-use markets. Cronos Group's subsidiaries include Cronos Israel, G.S. Cultivation Ltd, Cronos Israel G.S. Manufacturing Ltd., Cronos Israel G.S. Store Ltd., and Cronos Israel G.S. Pharmacy Ltd. The firm trades on the NASDAQ under the ticker CRON. Find CRON price updates and further information on eToro.

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