Buds & Duds: Cannabis stocks tumble led by Cronos 1Q earnings that miss the mark
Also on the move were Canopy Growth, CV Sciences, High Hampton and Aleafia
Company
NASDAQ:CRON
Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, the company is building an iconic brand portfolio. Its diverse international brand portfolio includes Spinach®, PEACE NATURALS®, and Lord Jones®.
114 stories · page 2 of 6
Also on the move were Canopy Growth, CV Sciences, High Hampton and Aleafia
Also on the move were True Leaf, GrowGeneration, Planet 13 and Cronos
Also on the move were Tilray, Planet 13, True Leaf, Auxly and Aleafia Health
Also on the move were Golden Leaf, Cronos, GrowGeneration, Aleafia Health and OrganiGram
Also on the move were Crop Infrastructure, TILT Holdings, Cronos and Terra Tech
Also on the move were Valens GroWorks Corp, Chemistree Technology, Cronos Group and Golden Leaf
Also on the move were Next Green Wave, Aurora Cannabis and Cronos Group
Also on the move were RedFund Capital, Planet 13 Holdings, Isodiol International and OrganiGram
Also on the move were 1933 Industries Inc, New Age Beverages Corp, and Tilray Inc
Investments and investor services
One analyst downgraded the stock to Sell, citing a 'soft start' to Canada's legal cannabis market
Also on the move was Canopy Growth, CV Sciences, India Globalization Capital and True Leaf Medicine International
Investments and investor services
Cannabis stocks gave back gains as signs of a global slowdown hindered investor appetite
Also on the move were Curaleaf Holdings, Newstrike Brands and Isodiol International
In March, the Canadian cannabis producer closed a $2.4 billion investment from Marlboro cigarette maker Altria Inc
Also on the move were ICC International Cannabis Corp, Canopy Growth Corporation and Eve & Co Inc
Cannabis stocks on the rise include Valens, Green Organic Dutchman and Aurora Cannabis
Investments and investor services
Among the stocks to drop Friday were Tilray and Cronos
Also making gains was Harvest One, which agreed to acquire biotech company Delivra
Archive
Cronos Group also took a hit after Jefferies analyst Owen Bennett kicked off his coverage on the stock with an Underperform rating
Investments and investor services
A two-part dive into the Canada-based hydroponic grower's transition from tomatoes, peppers and cucumbers to cannabis