Page 90 - Cronos Group News Today

Author Bio Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. Follow @keithspeights Cronos Group (NASDAQ:CRON) bolted out of the gate this year, with its shares quickly skyrocketing more than 120% by early February. Most of those gains have evaporated over the...

Phillip Morris, the international tobacco company behind the cigarette brand Marlboro, are considering entering the cannabis industry. In an interview with Bloomberg News, Phillip Morris CEO Andre Calatzopoulos said that they are looking into expanding into the cannabis market with a smoke-free product of their own. While still hesitant to enter the growing market due to a lack of regulations, Phillip Morris are looking into the efficacy of cannabis, as well as the different medical and consume...

Cronos: Q1 Earnings Snapshot FacebookTwitterEmail TORONTO (AP) _ Cronos Group Inc. (CRON) on Friday reported a first-quarter loss of $161.3 million, after reporting a profit in the same period a year earlier. The Toronto-based company said it had a loss of 44 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 12 cents per share. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks I...

Welcome to this weeks Insider Cannabis. First off, my interview with Aurora Cannabis CEO Miguel Martin seemed to have struck a chord with readers on social media — many did not appreciate the thought of comparing cannabis to Monsanto, a company that was often a lightning rod for criticism over GMOs and pesticides and their role in our food supply and agricultural economy. Despite that, the point stands: Cannabis is an agricultural commodity. Growing will shift to more cost-effective strategie...

Inside the Mysterious World of Celebrity Beauty Brands Allure 6 hrs ago © Allure Nearly two decades ago, Jessica Simpson had an edible cosmetics line called Dessert Beauty, sold at Sephora. It was sugary and sexy, a shimmering distillation of the spirit of the early aughts. Then it disappeared. At the time, Simpson and her then husband Nick Lachey starred in one of the earliest celebrity reality shows, MTVs Newlyweds. It was a simpler time, predating Instagram, Kardashians, and sponcon. Cel...

By Nancy R. Fernandez The mainstream has seen a significant surge in CBD products since the Farm Bill’s passing in December 2018. Now, these products are available for purchase in retailers such as Walgreens, CVS, and Kroger.  According to predictions made by BDS Analytics, a cannabis market research firm based in Boulder, CBD sales should surpass $20 billion by 2024. So how do you take advantage of this boost by investing in CBD stocks? A Beginners Guide to Cannabis or CBD is a must-read b...

Cannabis stocks traded mostly in the green this week, as we got into earnings season. “While there were a lot of companies reporting earnings, like Turning Point Brands who gave guidance of $422 million for 2021, I thought the biggest piece of data came from Pennsylvania ,” Debra Borchardt, editor-in-chief of Green Market Report, told Benzinga. “The state reported that in one year it had sold over $900 million in medical marijuana. This demonstrates the demand for cannabis in this state a...

Author Bio Sushree is a new member of the Fool family, keen on writing about the cannabis and healthcare sector and also has five years of experience writing on real estate, consumer sector, and macroeconomic topics. She holds a bachelor’s degree in business management, specializing in finance, and also a CFA Level 2 candidate. Being a fitness enthusiast and a creative person, when she isnt writing, she is either kick-boxing or painting. The number of times Canada-base...

Philip Morris Ponders Joining Booming Cannabis Space may join other cigarette producers that have already jumped into the cannabis industry. What Happened Marlboro is analyzing key components of the industry, such as the “toxicity of cannabis, efficacy and differences between pharmaceutical and consumer options,” reported Bloomberg News. CEO Andre Calantzopoulos said the company is assessing the industry in detail because the market is still green and continues to face numerous regulation...

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. SimilarWeb released its ranking of the 25 fastest-growing direct-to-consumer brands for Q1, according to quarter-over-quarter monthly traffic growth. These brands had at least 10,000 monthly visitors and achieved strong growth in financial results and social-media impressions compared with Q4. Startups listed by SimilarWeb tackled problems that arose during t...