2 Years Ago
1 Min Read

CRON shares descended -6% today. Here's why:



Shares of Cronos Group Inc (CRON) are trading -6% lower at a price of $2.945 at the time of this writing.

Cronos Group Inc has been trading between a 52-week high of $7.76 and a 52-week low of $2.57. The stock has a market cap of $1.11 Billion.

Cronos Group is an innovative global cannabinoid company with international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio.

Headlines


New filing by CRONOS USA HOLDINGS INC. POLITICAL ACTION COMMITTEE (CRONOS EMPLOYEES PAC)
The FEC 07-15-22

Here''s Why Aurora Cannabis, Canopy Growth, Cronos Group, Sundial Growers And Tilray Shares Are Falling
Benzinga 07-15-22

Cronos Group Inc. to Hold 2022 Second Quarter Earnings Conference Call on August 9, 2022
GlobeNewswire 07-13-22

The 6 Best NFT Cryptos to Buy Now
InvestorPlace 07-11-22

New Crypto Degrain (DGRN) Could Overtake Binance Coin (BNB) and Cronos (CRO) In 2023
Crypto Daily 07-07-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

the_hurt - 2 upvotes - source
Cronos Group $CRON They actually have other products and sustainable agricultural operations already in place such as Gotham Greens. All the “MJ” stocks are moving because there is supposedly a legalization bill being introduced next week.