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Cronos Group

Buy Cronos Group stocks

CRONOS GROUP (CRON) Stocks

ABOUT CRONOS GROUP

Cronos Group Inc. is an innovative diversified and vertically integrated cannabinoid company that offers production and distribution platforms of medical marijuana.

It also cultivates cannabis oil. The group mainly serves customers globally, but mainly in Canada.

With its international production and distribution across five continents, the group is committed to building intellectual property by advancing cannabis research, relevant technology and eventual product development.

Cronos Group Inc. was incorporated in January 2013 and was formerly known as PharmaCan Capital Corp. It is based in Toronto, Canada.

OVERVIEW OF CRONOS GROUP

  • Cronos Group Inc. has just short of 300 full time employees. It is principally an investment firm that seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana according to Canada’s Marihuana for Medical Purposes Regulations (“MMPR”).

  • The company mainly invests in companies based in Canada. It is primarily an equity investor but may also advance debt as and when appropriate. It seeks to make minority investments with appropriate governance and shareholder rights.

  • With its ongoing passion to responsibly elevate the consumer experience, Cronos Group Inc. is building an iconic brand portfolio through its business.

  • The company’s portfolio includes the trademark of PEACE NATURALS™, a well-known global health and wellness platform, two adult-use brands, COVE™ and Spinach™, and two hemp-derived CBD brands, Lord Jones™ and PEACE+™.

VISION AND VALUES OF CRONOS GROUP

  • As Cronos Group Inc. strives to improve people’s lives and generate long-term value for stakeholders, they are guided by specific principles:
    They believe in fostering the most valuable global cannabis community comprised of passionate and daring people.

  • They believe in developing innovative and meaningful products that meet the needs and exceed the expectations of consumers and take pride in leading the industry forward responsibly.

  • Cronos Group Inc. adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF CRONOS GROUP

  • Cronos Group Inc.’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol CRON.

  • Highlights of the company’s recent performance in 2019 include third quarter net revenue of US Dollar 12.7 million, representing a 238% increase from US Dollar 3.8 million in Q3 2018, driven by the launch of the adult-use market in Canada and the inclusion of Redwood. Net revenue increased 24% quarter-over-quarter from US Dollar 10.2 million in Q2 2019, primarily driven by increased sales in domestic dried cannabis and the inclusion of Redwood.

  • A total of 3 142 kilogrammes were sold in Canada in Q3 2019, representing a 511% increase from 514 kilograms in Q3 2018, primarily driven by increased cannabis production and the launch of the adult-use market in Canada.

  • Due to Cronos Group Inc.’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy CRONOS GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase CRONOS GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CRONOS GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CRONOS GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CRONOS GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CRONOS GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CRONOS GROUP stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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