Cronos stock drops on $111.7M Q4 loss

Mugglehead
By Jared GnamFeb 26, 2021, 7:54 pm214 pts
Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) stock fell 2 per cent Friday after the Canadian cannabis producer revealed a far bigger fourth-quarter loss than expected. In total, the Ontario-based company reported a$111.7 million net loss on net sales of $17 million for the three months ended Dec. 31. Cronos…

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