Latest In: Cronos Group

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Cronos Group pumps $51M into joint venture to expand cannabis production

Canadian cannabis producer Cronos Group is funding its joint venture, Cronos Growing Co., with a $51 million secured…

News June 21
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Cannabis producer Cronos narrows 2023 loss to $74.5 million

Canadian cannabis producer Cronos Group cut its loss in half in 2023, reporting a deficit of $74.5 million…

News March 4
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Israel launches ‘anti-dumping’ probe into Canadian cannabis companies 

Israel has opened an "anti-dumping investigation" concerning the importation of medical marijuana from Canada after finding “a causal…

News January 30
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One-third of Canada’s cannabis greenhouse capacity taken offline

One after another, many of Canada’s largest cannabis greenhouses and indoor grow operations have been sold or mothballed…

News November 9
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Canadian cannabis companies back off from US hemp CBD market

Back in the regulated marijuana industry's more heady days, a U.S. hemp-derived CBD subsidiary seemed like the must-have…

News August 24
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Canadian cannabis producer Cronos Group reviewing sale options

Cronos Group has received a number of expressions of interest over a possible sale and is reviewing those…

News July 7
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Cronos pulls plug on US hemp and CBD operations

Toronto-based Cronos Group is pulling out of the U.S. hemp-derived CBD market "to improve its cash flow in…

News June 1
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SEC charges cannabis producer Cronos, former executive with accounting fraud

After settling securities violations with Canadian regulators, Cronos Group was hit again on Monday when the U.S. Securities…

News October 24
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Marijuana financial restatements show industry still maturing, insiders say

The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in…

News October 11
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