CRON Chart
About

Cronos Group Inc., a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally. It offers dried flowers, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brand names. The company is based in Stayner, Canada.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 1.05B
Enterprise Value 276.24M Income 36.10M Sales 132.36M
Book/sh 2.83 Cash/sh 2.15 Dividend Yield —
Payout 0.00% Employees 459 IPO —
P/E 24.90 Forward P/E -68.48 PEG —
P/S 7.92 P/B 0.97 P/C —
EV/EBITDA -20.28 EV/Sales 2.09 Quick Ratio 20.99
Current Ratio 22.45 Debt/Eq 0.15 LT Debt/Eq —
EPS (ttm) 0.11 EPS next Y -0.04 EPS Growth 238.80%
Revenue Growth 6.10% Earnings 2026-02-26 ROA -1.39%
ROE 3.67% ROIC — Gross Margin 38.75%
Oper. Margin -13.83% Profit Margin 27.27% Shs Outstand 382.89M
Shs Float 202.34M Short Float 1.76% Short Ratio 2.40
Short Interest — 52W High 3.43 52W Low 1.60
Beta 1.18 Avg Volume 2.27M Volume 740.63K
Target Price $2.33 Recom Strong_buy Prev Close $2.74
Price $2.74 Change -0.04%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.33
Mean price target
2. Current target
$2.74
Latest analyst target
3. DCF / Fair value
$-1.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.74
Low
$2.33
High
$2.33
Mean
$2.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-05-15 main CIBC Outperformer → Outperformer $4
2024-04-08 main B of A Securities Underperform → Underperform $3
2023-12-28 main B of A Securities Underperform → Underperform $2
2023-05-15 main Barclays Equal-Weight → Equal-Weight $3
2022-11-02 init Bernstein — → Market Perform $3
2022-09-30 main Barclays — → Equal-Weight $4
2022-03-22 up Barclays Underweight → Equal-Weight —
2022-03-07 main Piper Sandler — → Neutral $3
2022-02-22 main Canaccord Genuity — → Sell $4
2022-02-22 main Piper Sandler — → Neutral $4
2022-01-27 up Jefferies Underperform → Hold $3
2021-11-18 init Barclays — → Underweight $6
2020-04-14 down Piper Sandler Overweight → Neutral —
2020-03-31 down Canaccord Genuity Hold → Sell —
2019-11-13 main B of A Securities — → Buy $15
2019-10-22 main Piper Sandler — → Overweight $12
2019-08-13 init Piper Sandler — → Overweight $18
2019-08-09 up Canaccord Genuity Sell → Hold $17
2019-06-28 init Consumer Edge Research — → Equal-Weight —
2019-06-06 init Stifel — → Hold —
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 166642 — — Gorenstein (Michael Ryan) Director of Issuer — 2025-12-13 00:00:00 D nan
1 65002 — Exercise of rights at price 3.27 per share. Gorenstein (Michael Ryan) Director of Issuer — 2025-12-13 00:00:00 D 212556.0
2 6423 — — Weigensberg (Aaron Arye) Senior Officer of Issuer — 2025-12-13 00:00:00 D nan
3 — — — Wilson (Lloyd Anderson) Senior Officer of Issuer — 2025-08-07 00:00:00 D nan
4 12876 — — Doucet (Terrence Gregory Joseph) Senior Officer of Issuer — 2025-05-12 00:00:00 D nan
5 6266 — — Doucet (Terrence Gregory Joseph) Senior Officer of Issuer — 2025-05-12 00:00:00 D nan
6 6276 — — Wagner (Aaron Shmuel) Senior Officer of Issuer — 2025-05-12 00:00:00 D nan
7 9014 — — Weigensberg (Aaron Arye) Senior Officer of Issuer — 2025-05-12 00:00:00 D nan
8 10063 — — Wagner (Aaron Shmuel) Senior Officer of Issuer — 2025-05-10 00:00:00 D nan
9 10405 — — Wagner (Aaron Shmuel) Senior Officer of Issuer — 2025-05-10 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems1.44M-2.09M-10.99M112.45K
TaxRateForCalcs0.150.040.260.00
NormalizedEBITDA-59.84M-24.11M-49.35M-183.65M
TotalUnusualItems9.63M-47.69M-41.92M33.53M
TotalUnusualItemsExcludingGoodwill9.63M-47.69M-41.92M33.53M
NetIncomeFromContinuingOperationNetMinorityInterest41.08M-69.85M-155.18M-126.98M
ReconciledDepreciation9.34M8.11M13.12M15.40M
ReconciledCostOfRevenue86.78M72.27M64.16M71.17M
EBITDA-50.21M-71.80M-91.27M-150.12M
EBIT-59.55M-79.91M-104.39M-165.53M
NetInterestIncome52.02M51.23M22.51M9.07M
InterestExpense13.00K27.00K
InterestIncome52.02M51.23M22.51M9.07M
NormalizedIncome32.89M-24.25M-124.25M-160.40M
NetIncomeFromContinuingAndDiscontinuedOperation41.08M-73.96M-168.73M-396.11M
TotalExpenses177.16M167.15M191.14M230.09M
TotalOperatingIncomeAsReported-76.53M-84.80M-111.43M-291.97M
DilutedAverageShares385.56M380.96M376.96M370.39M
BasicAverageShares382.06M380.96M376.96M370.39M
DilutedEPS0.11-0.19-0.45-1.07
BasicEPS0.11-0.19-0.45-1.07
DilutedNIAvailtoComStockholders41.08M-73.96M-168.73M-396.11M
NetIncomeCommonStockholders41.08M-73.96M-168.73M-396.11M
NetIncome41.08M-73.96M-168.73M-396.11M
MinorityInterests1.06M590.00K0.001.10M
NetIncomeIncludingNoncontrollingInterests40.02M-74.55M-168.73M-397.20M
NetIncomeDiscontinuousOperations0.00-4.11M-13.56M-269.12M
NetIncomeContinuousOperations40.02M-70.44M-155.18M-128.08M
TaxProvision-3.44M-3.23M34.17M-431.00K
PretaxIncome36.59M-73.67M-121.00M-128.51M
OtherIncomeExpense44.12M-44.99M-39.13M27.95M
OtherNonOperatingIncomeExpenses-350.00K1.11M-324.00K733.00K
SpecialIncomeCharges-53.83M-28.24M-68.43M-126.44M
GainOnSaleOfPPE-11.20M0.000.00
WriteOff25.65M23.35M61.39M0.00
ImpairmentOfCapitalAssets16.35M3.37M3.49M126.44M
RestructuringAndMergernAcquisition630.00K1.52M3.54M0.00
EarningsFromEquityInterest34.83M1.58M3.11M-6.31M
GainOnSaleOfSecurity63.46M-19.45M26.51M159.97M
NetNonOperatingInterestIncomeExpense52.02M51.23M22.51M9.07M
InterestExpenseNonOperating13.00K27.00K
InterestIncomeNonOperating52.02M51.23M22.51M9.07M
OperatingIncome-59.55M-79.91M-104.39M-165.53M
OperatingExpense84.75M91.82M119.83M147.93M
DepreciationAmortizationDepletionIncomeStatement3.70M5.04M5.97M4.41M
DepreciationAndAmortizationInIncomeStatement3.70M5.04M5.97M4.41M
ResearchAndDevelopment4.23M5.84M13.13M21.84M
SellingGeneralAndAdministration76.82M80.93M100.73M121.68M
SellingAndMarketingExpense21.60M22.70M18.05M20.92M
GeneralAndAdministrativeExpense55.21M58.23M82.68M100.76M
OtherGandA46.51M49.48M67.67M90.92M
SalariesAndWages8.70M8.76M15.01M9.84M
GrossProfit25.20M11.91M15.44M-17.59M
CostOfRevenue92.42M75.33M71.31M82.15M
TotalRevenue117.61M87.24M86.75M64.56M
ExciseTaxes44.21M33.03M22.55M15.05M
OperatingRevenue161.82M120.27M109.30M79.61M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber382.53M381.30M380.58M374.95M
ShareIssued382.53M381.30M380.58M374.95M
TotalDebt2.02M2.55M3.88M9.81M
TangibleBookValue989.48M1.08B1.12B1.32B
InvestedCapital1.06B1.10B1.14B1.34B
WorkingCapital886.41M891.91M892.04M1.03B
NetTangibleAssets989.48M1.08B1.12B1.32B
CapitalLeaseObligations2.02M2.55M3.88M9.81M
CommonStockEquity1.06B1.10B1.14B1.34B
TotalCapitalization1.06B1.10B1.14B1.34B
TotalEquityGrossMinorityInterest1.11B1.10B1.14B1.33B
MinorityInterest46.92M-3.45M-2.92M-2.97M
StockholdersEquity1.06B1.10B1.14B1.34B
GainsLossesNotAffectingRetainedEarnings-63.52M20.68M-797.00K49.87M
OtherEquityAdjustments-63.52M20.68M-797.00K49.87M
RetainedEarnings457.71M416.72M490.68M659.42M
AdditionalPaidInCapital48.45M42.68M32.47M
CapitalStock669.88M662.17M611.32M595.50M
CommonStock669.88M662.17M611.32M595.50M
TotalLiabilitiesNetMinorityInterest55.33M44.14M72.05M63.46M
TotalNonCurrentLiabilitiesNetMinorityInterest5.63M2.74M3.93M9.09M
DuetoRelatedPartiesNonCurrent1.07M1.00M1.38M1.91M
TradeandOtherPayablesNonCurrent0.000.000.000.00
NonCurrentDeferredLiabilities3.56M181.00K0.0081.00K
NonCurrentDeferredTaxesLiabilities3.56M181.00K0.0081.00K
LongTermDebtAndCapitalLeaseObligation993.00K1.56M2.55M7.09M
LongTermCapitalLeaseObligation993.00K1.56M2.55M7.09M
CurrentLiabilities49.70M41.40M68.12M54.37M
OtherCurrentLiabilities40.00K102.00K15.00K14.38M
CurrentDebtAndCapitalLeaseObligation1.02M994.00K1.33M2.71M
CurrentCapitalLeaseObligation1.02M994.00K1.33M2.71M
PayablesAndAccruedExpenses48.63M40.30M66.77M37.29M
CurrentAccruedExpenses19.82M16.04M18.14M22.15M
Payables28.81M24.26M48.63M15.14M
DuetoRelatedPartiesCurrent0.00373.00K384.00K433.00K
TotalTaxPayable11.84M11.76M37.09M3.59M
IncomeTaxPayable9.00K64.00K32.96M105.00K
AccountsPayable16.97M12.13M11.16M11.11M
TotalAssets1.17B1.14B1.21B1.40B
TotalNonCurrentAssets230.07M206.96M252.85M318.02M
OtherNonCurrentAssets45.00K193.00K100.00K
NonCurrentDeferredAssets2.57M226.00K
NonCurrentDeferredTaxesAssets2.57M226.00K
NonCurrentNoteReceivables15.53M69.04M72.34M80.64M
InvestmentsAndAdvances2.81M54.74M89.75M135.16M
OtherInvestments2.81M9.60M21.99M118.39M
InvestmentinFinancialAssets0.0025.65M49.00M
AvailableForSaleSecurities25.65M49.00M
LongTermEquityInvestment0.0019.49M18.75M16.76M
InvestmentsinAssociatesatCost0.0019.49M18.75M16.76M
GoodwillAndOtherIntangibleAssets74.58M22.14M27.74M19.18M
OtherIntangibleAssets11.13M21.08M26.70M18.08M
Goodwill63.45M1.06M1.03M1.10M
NetPPE134.58M60.82M62.83M82.95M
AccumulatedDepreciation-133.40M-139.77M-144.41M-144.61M
GrossPPE267.98M200.59M207.24M227.56M
ConstructionInProgress28.71M3.27M841.00K2.50M
OtherProperties1.39M1.36M2.27M8.88M
MachineryFurnitureEquipment39.43M24.71M24.48M24.83M
BuildingsAndImprovements192.06M168.50M177.09M188.52M
LandAndImprovements6.39M2.76M2.56M2.82M
Properties0.000.000.000.00
CurrentAssets936.11M933.31M960.16M1.08B
OtherCurrentAssets6.28M5.41M7.11M8.97M
AssetsHeldForSaleCurrent8.11M0.00
PrepaidAssets8.97M
Inventory33.15M30.50M37.56M32.80M
FinishedGoods13.25M14.82M13.50M10.78M
WorkInProcess14.35M10.59M15.65M12.40M
RawMaterials5.55M5.08M8.41M9.62M
Receivables29.77M35.88M37.77M33.29M
OtherReceivables5.00M6.34M3.30M5.76M
AccruedInterestReceivable8.69M10.01M2.47M
LoansReceivable618.00K5.54M8.89M5.46M
AccountsReceivable15.46M13.98M23.11M22.07M
AllowanceForDoubtfulAccountsReceivable-7.00K-3.00K-219.00K
GrossAccountsReceivable15.47M13.99M23.33M
CashCashEquivalentsAndShortTermInvestments858.80M861.53M877.72M1.00B
OtherShortTermInvestments0.00192.24M113.08M117.68M
CashAndCashEquivalents858.80M669.29M764.64M886.97M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow5.69M-46.26M-93.98M-165.88M
RepaymentOfDebt0.00
IssuanceOfDebt0.00
CapitalExpenditure-13.15M-3.42M-5.03M-12.26M
InterestPaidSupplementalData0.000.000.000.00
IncomeTaxPaidSupplementalData647.00K33.01M177.00K892.00K
EndCashPosition858.80M669.29M764.64M886.97M
BeginningCashPosition669.29M764.64M886.97M1.08B
EffectOfExchangeRateChanges-3.25M8.01M-28.64M4.91M
ChangesInCash192.76M-103.36M-93.69M-195.96M
FinancingCashFlow-1.23M-1.03M-2.90M-13.44M
CashFlowFromContinuingFinancingActivities-1.23M-1.03M-2.90M-13.44M
NetOtherFinancingCharges-1.23M-1.03M-2.90M-13.44M
ProceedsFromStockOptionExercised16.00K
NetIssuancePaymentsOfDebt0.00
NetShortTermDebtIssuance0.00
ShortTermDebtPayments0.00
ShortTermDebtIssuance0.00
NetLongTermDebtIssuance0.00
LongTermDebtPayments0.00
InvestingCashFlow175.15M-59.50M-1.84M-28.90M
CashFlowFromContinuingInvestingActivities175.15M-59.50M-1.84M-28.90M
NetOtherInvestingChanges-3.51M17.69M5.31M-1.94M
DividendsReceivedCFI0.001.64M384.00K0.00
NetInvestmentPurchaseAndSale185.82M-75.41M-2.51M-14.70M
SaleOfInvestment185.82M532.84M268.87M215.30M
PurchaseOfInvestment0.00-608.25M-271.38M-230.00M
NetBusinessPurchaseAndSale5.99M0.000.000.00
SaleOfBusiness5.99M0.000.00
PurchaseOfBusiness0.00
NetIntangiblesPurchaseAndSale-743.00K-918.00K-1.58M-1.12M
PurchaseOfIntangibles-743.00K-918.00K-1.58M-1.12M
NetPPEPurchaseAndSale-12.41M-2.50M-3.45M-11.14M
PurchaseOfPPE-12.41M-2.50M-3.45M-11.14M
OperatingCashFlow18.84M-42.84M-88.95M-153.62M
CashFlowFromContinuingOperatingActivities18.84M-42.84M-88.95M-153.62M
ChangeInWorkingCapital-311.00K-26.47M15.66M-4.84M
ChangeInPayablesAndAccruedExpense-4.70M-28.72M30.43M-7.35M
ChangeInAccruedExpense2.84M5.16M-2.92M-4.97M
ChangeInPayable-7.54M-33.88M33.35M-2.37M
ChangeInAccountPayable-7.45M-773.00K-863.00K-1.60M
ChangeInTaxPayable-93.00K-33.10M34.21M-776.00K
ChangeInIncomeTaxPayable-93.00K-33.10M34.21M-776.00K
ChangeInPrepaidAssets-512.00K1.44M996.00K3.10M
ChangeInInventory7.42M7.40M-7.22M11.56M
ChangeInReceivables-2.51M-6.59M-8.55M-12.16M
ChangesInAccountReceivables-917.00K9.21M-2.71M-13.16M
OtherNonCashItems-6.60M-2.01M1.29M335.00K
StockBasedCompensation8.70M8.77M15.12M10.15M
UnrealizedGainLossOnInvestmentSecurities-8.61M
ProvisionandWriteOffofAssets1.03M-1.53M-662.00K12.20M
AssetImpairmentCharge42.00M26.92M64.89M363.68M
DepreciationAmortizationDepletion9.34M8.11M13.12M15.40M
DepreciationAndAmortization9.34M8.11M13.12M15.40M
OperatingGainsLosses-75.33M17.92M-29.63M-153.33M
EarningsLossesFromEquityInvestments-32.47M0.000.006.31M
GainLossOnInvestmentSecurities3.79M10.60M-31.91M-153.33M
NetForeignCurrencyExchangeGainLoss-57.86M7.32M2.29M0.00
NetIncomeFromContinuingOperations40.02M-74.55M-168.73M-397.20M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CRON
Date User Asset Broker Type Position Size Entry Price Patterns