Cronos Stock
Marijuana News Today We have big news coming out of Europe in the marijuana news today, as the European Union (EU) parliament voted on a resolution to encourage the adoption of medical marijuana regulation across the largest economic market in the world. (Source: "European Parliament Passes Cannabis Resolution,…
Marijuana News Today The marijuana news today has some good news coming our way via the Rockies, while the pot stock market saw gains across the board. Colorado marijuana sales have surpassed $6.0 billion since the state legalized pot back in 2014, while taxes generated by the weed…
Marijuana News Today In the marijuana news today, we're still feeling the aftershock of cannabis research firm Brightfield Group, LLC downgrading its Canadian marijuana market projections, which briefly sent many pot stocks into the gutter. Brightfield reassessed the Canadian market to be worth $5.0 billion by 2021 due to…
Marijuana News Today We're experiencing a bit of the mid-week blues in the marijuana news today; the pot stock market has been taking a pretty thorough thrashing. Meanwhile, U.S. marijuana legalization continues, with New Hampshire lawmakers hearing arguments for marijuana legalization in the state. New Hampshire is a…
Marijuana News Today It's seeming like 2019 will be the year Wall Street finally catches up with the rest of us, as the marijuana news today shows more major banks looking to get into the marijuana trade in advance of what is sure to be a global industry…
This Marijuana Stock Deserves Investors’ Attention It looked like a free fall. I’m talking about December 2018, when stocks from nearly every sector were dropping to the floor. Marijuana stock investors were already not in the best of moods. In October and November, the North American Marijuana Index…
Marijuana News Today The marijuana news today is once again of the positive variety, with several big gains in the pot stock market while Israel officially approves medical marijuana exports. This means that Israel is now officially in the ring when it comes to the international marijuana game.…
Marijuana News Today In Canadian marijuana news today, we have our first bit of concrete evidence post-legalization that the pot sector is indeed on its way toward becoming a powerhouse industry. While it may not be surprising to those who closely follow the industry, the numbers from Canada's…
CRON Stock Is One of the Very Few Marijuana Stocks Still Poised for Gains Marijuana stocks continue to be a favorite among retail investors. As a result, some investors are using the current weakness that has plagued this sector and the general stock market to pick up their…
Marijuana News Today Our first edition of "Marijuana News Today" in the new year comes in on a high, with marijuana penny stocks seeing strong gains after an industry-wide surge the day before. Yesterday we saw marijuana stocks across the board jump by several percentage points. Today, many…
CRON Stock: The Sector is Likely to Sustain Further Losses Marijuana stocks as a whole have been performing poorly since October 17, which was when marijuana became legal in Canada. Since that date, this sector has been caught in a downdraft, and that the general state of the…
Marijuana News Today The marijuana news today shows promise, as 2018 wraps up as one of the biggest years in pot history and 2019 looks to be another big step towards marijuana legalization in the U.S. One report puts the legal marijuana trade at $10.4 billion in the…
Safe Recreational Marijuana Stocks When it comes to safe recreational marijuana stocks, "safe" is a relative word. The marijuana industry, after all, is not a particularly safe industry. Nor would we want it that way. "Safe "denotes small gains and small losses, trucking along at yearly seven percent…
Marijuana News Today The marijuana news today shows us a positive reaction from a top Wall Street analyst, which speaks to a growing acceptance and interest in cannabis. "While the potential uses of cannabinoids are vast, Cronos believes the key to successfully bringing cannabinoid-based products to market is…
Marijuana News Today Good news is ringing out from the rooftops in the marijuana news today; Altria Group Inc (NYSE:MO) has officially made its play in the marijuana industry with its huge acquisition of Cronos Group Inc (NASDAQ:CRON), raising marijuana stock prices across the board. The deal was…
CRON Stock Forecast 2019 Like many marijuana stocks, shares of Cronos Group Inc (NASDAQ:CRON) had a wild ride in 2018. CRON stock rallied as investors warmed up to the cannabis industry in August, but fell deep into the doldrums during the market-wide sell-off later on. Most recently, the…
Marijuana News Today With the exception of one special case, we have been seeing pullbacks across the pot stock market in the marijuana news today. This isn't, however, the cannabis industry's fault. Instead, the larger malaise of the stock market in general is hurting the volatile, nascent industry…
Marijuana News Today It's a tale of two stocks in the marijuana news today: Cronos Group Inc (NASDAQ:CRON) and Aphria Inc (NYSE:APHA). These two companies are capturing all the headlines at the moment for very different reasons. Let's start with the good news: CRON stock. The company is reported…
Marijuana News Today The marijuana news today has marijuana stocks looking to boost gains by expanding into the young U.K. medical marijuana market. Canopy Growth Corp (NYSE:CGC) is leading the way as a collection of investors are putting $9.5 million into testing medical cannabis for treatment of pain…
From: Michael Lombardi, MBA