Why Cronos Group Inc’s (TSX:CRON) Q4 Results Weren’t Good Enough to Give the Stock a Boost

Cronos Group (TSX:CRON)(NASDAQ:CRON) released its quarterly results yesterday in what was its first quarter that included recreational pot sales. The period ending December 31 saw revenues increase from $1.6 million to $5.6 million, for a year-over-year improvement of 248%. Although dried cannabis sales of $4.2 million were the bulk of the company’s top line, it was cannabis oil that saw the…

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Resverlogix Announces Ninth Positive Data Safety Monitoring Board Recommendation for Phase 3 Study of Apabetalone

Resverlogix Corp.

BETonMACE trial to continue as planned without modification CALGARY, Alberta, March 27, 2019 (GLOBE NEWSWIRE) — Resverlogix Corp. (“Resverlogix” or the “Company”) (TSX:RVX) today announces the independent Data and Safety Monitoring Board (DSMB) has completed a ninth planned safety review for the Company’s Phase 3, BETonMACE trial for high-risk cardiovascular disease patients and recommended the study continue without modification. The…

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Cannabis Stock Battle: Aurora Cannabis Inc (TSX:ACB) or Green Organic Dutchman Holdings Ltd (TSX:TGOD)?

It’s no secret that the cannabis industry is blowing up. Earlier this year, investors received hard numbers to support the hype. In 2018, more than five million Canadians purchased cannabis worth at least $6 billion. Over the next few years, spending is expected to reach $9 billion in Canada alone. Increased spending in the U.S. could more than triple that…

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Investor Alert: Cronos Group Inc. (TSX:CRON) Reports Slower Revenue Growth and a Bigger-Than-Expected Loss

2019 has brought investors good fortune after a difficult end to 2018. With this, we have seen cannabis stocks like Canopy Growth  (TSX:WEED)(NYSE:CGC), Aurora Cannabis  (TSX:ACB)(NYSE:ACB), and Cronos Group (TSX:CRON)(NASDAQ:CRON) rally 62%, 94%, and 90%, respectively. Those are pretty mind-blowing returns, but let’s focus on fundamentals. Expectations are everything… Cronos Group stock opened down on the day of its fourth-quarter…

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