Canopy Growth (TSX:WEED): Beware the Disruptive Cronos Group (TSX:CRON)

Cannabis producer Cronos Group (TSX:CRON)(NASDAQ:CRON) is going ahead with a disruptive competitive strategy for the pot industry after announcing a planned strategic acquisition on Thursday. The company is evidently demonstrating a serious commitment to a new technology that could smear mud in Canopy Growth’s (TSX:WEED)(NYSE:CGC) face and ravish the stock. What’s new on Cronos Group? The company announced an agreement…

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This Weed Upstart Could Dethrone Canopy Growth (TSX:WEED)

Canopy Growth (TSX:WEED)(NYSE:CGC) is still the undisputed king in the marijuana world. Cronos Group (TSX:CRON)(NASDAQ:CRON), whose size is less than half, remains a key player that stands a chance of dethroning the ruler. CRON is a popular stock in the U.S., as it is the first Canadian cannabis company to up-list from the over-the-counter market to the global market. You…

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Get Ready for Cronos Group (TSX:CRON) to Soar

Marijuana stocks have pulled back sharply in recent weeks, as concerns over their ability to post profitable earnings and their sky-high valuations grow. It is easy to understand these fears with many such as Cronos Group (TSX:CRON)(NASDAQ:CRON) having made massive gains over the last year. Cronos has seen its stock gain 154%, even after accounting for recent weakness, while industry…

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Why Cronos Group (TSX:CRON) Declined Despite Posting a Huge Profit in Q1

Cronos Group Inc  (TSX:CRON)(NASDAQ:CRON) released its quarterly results last week, which showed sales more than doubling from the previous year. The company also recorded a massive $428 million profit during the quarter as well. However, the stock still declined 7% last week, leaving some investors scratching their heads. Why is the stock down? Although Cronos saw a big increase in…

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