Tag : Cronos Group

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Markets for CBD Products to Explode With New U.S. Hemp Legislation

creativemind
By removing hemp from the Controlled Substances Act via an amendment to the 2018 Farm Bill, U.S. Congress appears to have cleared a path for American companies interested in using hemp and its extracts. Retailers selling those products are predicted to see an explosion in market share as a result....
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Cronos Group Announces Closing of Previously Announced $100 Million Bought Deal

creativemind
Cronos Group Inc. (NASDAQ, TSX-V: CRON) (“Cronos Group” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering. A total of 10,420,000 common shares of Cronos Group (the “Shares”) were sold at a price of $9.60 per Share for aggregate gross proceeds of approximately $100.0...
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Cronos Group Announces $100M Bought Deal

Editor
The Cronos Group (NASDAQ: CRON) (TSX-V: CRON) announced this morning that the company has entered into an agreement with  GMP Securities L.P. and BMO Capital Markets to sell 10,420,000 common shares, on a “bought deal” basis, at a price of $9.60 per common share, which will lead to a raise of $100.0 million. ...
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MedMen Signs Joint Venture with Cronos Group to Enter Canadian Cannabis Market

Editor
Cronos Group Inc. (Nasdaq: CRON) (TSX-V: CRON), a licensed producer of cannabis in Canada, Germany, Isreal, and Australia, and MedMen, one of the leading cannabis companies in the United States, announced a cross border joint venture today that will allow MedMen to extend its retail chain and branded products to...
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Top 10 Public Companies with the Largest Market Caps in Cannabis

Editor
10. Emerald Health Therapeutics Inc. (TSX: EMH) $674 Million Emerald Health Therapeutics, Inc. operates through Emerald Health Therapeutics Canada Inc. (“EHTC”), a wholly owned subsidiary and Licensed Producer under Canada’s Access to Cannabis for Medical Purposes Regulations. Through EHTC, Emerald is authorized to produce and sell dried cannabis and cannabis oil for...
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The Cronos Group Makes Move to the NASDAQ

Editor
The Cronos Group (TSX-V: MJN) (NASDAQ: PRMCF) has announced that the company’s common shares in the United States will begin trading on the NASDAQ tomorrow morning. The NASDAQ is a global electronic marketplace for investors to buy and sells securities. Companies currently trading on the NASDAQ include someone the most...