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Cannabis producer Cronos Group drops after posting wider loss, missing on sales

The Cannabis producer Cronos Group reported disappointing first-quarter sales, sending shares down less than 1% early Thursday.

The first Wall Street bank to follow marijuana stocks just added 2 major names to its coverage universe. Here’s what it’s saying.

Cowen, the first major Wall Street bank to follow marijuana stocks, added Cronos Group and Aurora Cannabis to its coverage.
CannTrust

The cannabis producer Cronos is selling its stake in a medical-marijuana facility to rival Aurora Cannabis

Marijuana producer Cronos on Monday announced that it has sold its 19% stake in Whistler Medical Marijuana to rival Aurora Cannabis.
Scientists at he University of California at Berkeley created cannabis compounds in a lab for the first time.

Scientists just made marijuana compounds in a lab for the first time, and it could open the door to new treatments for devastating diseases

A team of UC Berkeley researchers made cannabis compounds THC and CBD in a lab using an approach known as synthetic biology. They've already licensed the technology to a startup called Demetrix.
"Mad Money" host Jim Cramer

The cannabis producer Cronos is going bananas after ‘Mad Money’ host Jim Cramer called it the ‘2nd best’ in the industry

Cronos, the Canadian cannabis producer, was up almost 14% Monday after getting an endorsement from "Mad Money" host Jim Cramer.
Michael Gorenstein, Cronos Group CEO.

‘An investment of this magnitude provides overall legitimacy to the sector’: Here’s why Wall Street is bullish about the largest tie...

Altria, the tobacco-maker behind popular brands like Marlboro, announced on Friday it intends to invest $1.8 billion for a 45% stake in Cronos Group.

The maker of Marlboro cigarettes is plowing $1.8 billion into the cannabis producer Cronos

Altria announced Friday to make a C$2.4 billion($1.8 billion) equity investment in Cronos Group, a Canadian cannabis producer.

The maker of Marlboro cigarettes is in a bind and can make 2 major deals to dig itself out, analyst says

Altria could dig itself out of a bind by investing in the marijuana grower Cronos and the e-cigarette startup Juul, according to Cowen analysts.
Marijuana for sale at the MedMen store in West Hollywood, California.

The cannabis producer Cronos spikes after confirming it has held talks with the Marlboro maker Altria

The cannabis producer Cronos Group confirmed Tuesday that it held talks with the cigarette maker Altria about Altria taking a stake in the company.

Marlboro-maker Altria is reportedly in talks to buy marijuana producer Cronos Group

If the deal goes through, it would represent the largest tie-up between the tobacco and marijuana sectors.