Stock Track | Cronos Group Surges 5.41% in Pre-market on Robust Q4 Earnings and Market-Leading Cannabis Brands

Stock Track

Feb 27, 2025

Cronos Group Inc. (CRON), a leading cannabis company, saw its stock soar 5.41% in pre-market trading on Thursday, following the release of its fourth-quarter and full-year 2024 financial results.

The company reported strong revenue growth, with Q4 2024 net revenue increasing by 27% year-over-year to $30.3 million, driven by higher cannabis flower and extract sales in the Canadian market and overseas markets like Israel. For the full year 2024, net revenue surged 35% to $117.6 million, fueled by the same factors.

Cronos Group's flagship brand, Spinach®, solidified its position as the number one cannabis brand in Canada, while its PEACE NATURALS® brand emerged as the market leader in Israel. The company's strategic focus on innovation, product quality, and cost discipline enabled it to achieve robust gross margins of 36% in Q4 and 21% for the full year, significant improvements over the prior year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1175357989"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1175357989\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1175357989?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-27 21:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1175357989","market":"us","top_or_hot":-1,"title":"Stock Track | Cronos Group Surges 5.41% in Pre-market on Robust Q4 Earnings and Market-Leading Cannabis Brands","media":"Stock Track","content":"<p>Cronos Group Inc. (CRON), a leading cannabis company, saw its stock soar 5.41% in pre-market trading on Thursday, following the release of its fourth-quarter and full-year 2024 financial results.</p>\n\n<p>The company reported strong revenue growth, with Q4 2024 net revenue increasing by 27% year-over-year to $30.3 million, driven by higher cannabis flower and extract sales in the Canadian market and overseas markets like Israel. For the full year 2024, net revenue surged 35% to $117.6 million, fueled by the same factors.</p>\n\n<p>Cronos Group's flagship brand, Spinach®, solidified its position as the number one cannabis brand in Canada, while its PEACE NATURALS® brand emerged as the market leader in Israel. The company's strategic focus on innovation, product quality, and cost discipline enabled it to achieve robust gross margins of 36% in Q4 and 21% for the full year, significant improvements over the prior year.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Cronos Group Surges 5.41% in Pre-market on Robust Q4 Earnings and Market-Leading Cannabis Brands</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Cronos Group Surges 5.41% in Pre-market on Robust Q4 Earnings and Market-Leading Cannabis Brands\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-27 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cronos Group Inc. (CRON), a leading cannabis company, saw its stock soar 5.41% in pre-market trading on Thursday, following the release of its fourth-quarter and full-year 2024 financial results.</p>\n\n<p>The company reported strong revenue growth, with Q4 2024 net revenue increasing by 27% year-over-year to $30.3 million, driven by higher cannabis flower and extract sales in the Canadian market and overseas markets like Israel. For the full year 2024, net revenue surged 35% to $117.6 million, fueled by the same factors.</p>\n\n<p>Cronos Group's flagship brand, Spinach®, solidified its position as the number one cannabis brand in Canada, while its PEACE NATURALS® brand emerged as the market leader in Israel. The company's strategic focus on innovation, product quality, and cost discipline enabled it to achieve robust gross margins of 36% in Q4 and 21% for the full year, significant improvements over the prior year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRON","symbol_name":"Cronos Group Inc.","start_time":0,"source_url":"","article_id":"1175357989","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1175357989","pubTimestamp":1740663403,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Cronos Group Inc. , a leading cannabis company, saw its stock soar 5.41% in pre-market trading on Thursday, following the release of its fourth-quarter and full-year 2024 financial results.The company reported strong revenue growth, with Q4 2024 net revenue increasing by 27% year-over-year to $30.3 million, driven by higher cannabis flower and extract sales in the Canadian market and overseas markets like Israel. For the full year 2024, net revenue surged 35% to $117.6 million, fueled by the sam","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRON":"Cronos Group Inc."},"translate_title":"股票赛道Cronos Group因强劲的第四季度盈利和市场领先的大麻品牌盘前飙升5.41%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRON":1},"content_text":"Cronos Group Inc. (CRON), a leading cannabis company, saw its stock soar 5.41% in pre-market trading on Thursday, following the release of its fourth-quarter and full-year 2024 financial results.\nThe company reported strong revenue growth, with Q4 2024 net revenue increasing by 27% year-over-year to $30.3 million, driven by higher cannabis flower and extract sales in the Canadian market and overseas markets like Israel. For the full year 2024, net revenue surged 35% to $117.6 million, fueled by the same factors.\nCronos Group's flagship brand, Spinach®, solidified its position as the number one cannabis brand in Canada, while its PEACE NATURALS® brand emerged as the market leader in Israel. The company's strategic focus on innovation, product quality, and cost discipline enabled it to achieve robust gross margins of 36% in Q4 and 21% for the full year, significant improvements over the prior year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}