Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Cronos Group Inc.

CRONNASDAQ
Wall Street ScoreUnder review
$3.35USD$-0.04 (-1.04%)

The stored financial sources have not been reconciled. Differences can involve reporting periods, currencies, continuing operations or income attributable to different owners. A model rating is withheld until the figures are compared on a consistent basis.

Company website www.thecronosgroup.com
Headquarters4491 Concession Road 12, Stayner, ON, L0M 1S0, CA
Financial statement currencyUSD · no FX conversion applied
Healthcare · Drug Manufacturers - Specialty & Generic
Price updated todayFinancials updated Oct 23, 2026

CRON · Price history

Price at last available close

$3.34

−$0.07 (-2.05%) 1M

2026-10-28

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Company & revenue

About Cronos Group Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Cronos Group Inc. is a company primarily focused on cannabinoids. In the United States, it develops, promotes, and supplies hemp-derived wellness and beauty products under the Lord Jones and Happy Dance brands, reaching consumers through online sales, traditional retail outlets, and partnerships within the hospitality sector. Beyond hemp, the company also engages in the cultivation, production, and commercialization of cannabis and its related extracts for both therapeutic and recreational consumption.

How they make money

Cronos Group Inc. is a global cannabinoid company that generates revenue through the cultivation, production, and marketing of cannabis and cannabis-derived products. The company sells its products primarily through Canadian provincial cannabis control authorities and private retailers, as well as through international medical cannabis markets in countries including Israel, Germany, and Australia.

Products & services

The company produces and distributes cannabis products including dried flower, pre-rolls, edibles, vaporizers, and concentrates under various brand names.

Brands & revenue mix

Spinach

Core brand for adult-use cannabis products including dried flower and vapes.

Separate brand revenue is not available in this research.Source

PEACE NATURALS

Brand focused on medical cannabis markets.

Separate brand revenue is not available in this research.Source

Lord Jones

Lifestyle and wellness cannabis brand.

Separate brand revenue is not available in this research.Source

LIT

Cannabis product brand.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

Cannabis FlowerUSD 108.48M72.7%

Period ended 2025-12-31Source

Cannabis ExtractsUSD 37.70M25.3%

Period ended 2025-12-31Source

Product and Service, OtherUSD 411,0000.3%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

CANADAUSD 90.33M60.6%

Period ended 2025-12-31Source

ISRAELUSD 41.80M28.0%

Period ended 2025-12-31Source

Other CountriesUSD 14.46M9.7%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

  • Canadian provincial cannabis control authoritiesSource
  • Private cannabis retailersSource
  • International medical cannabis marketsSource

Customer concentration

As of the period ended December 31, 2025, the company relies on provincial cannabis control authorities in Canada as primary distribution channels, which represents a significant concentration of its revenue base.

Suppliers, materials & equipment

  • Cannabis cultivators and processors — The company maintains supply agreements with various third-party suppliers for dried flower and other cannabis products to supplement its own production.Source

Strengths

  • Strong balance sheet with significant cash and cash equivalentsSource

Risks

  • Regulatory risks associated with the evolving cannabis legal frameworkSource
  • Dependence on third-party supply agreements and operational risks at production facilitiesSource

Company-specific research

Questions worth answering for CRON

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CRON maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is CRON's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •How is CRON likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •Is CRON's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current financial source inconsistency warning mean for the reliability or interpretation of CRON's score?
⚠ 2 warningsView warning details
M&A headline · Oct 15, 2026M&A headline · Oct 5, 2026
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Market Cap

$1.23B

EPS

$0.18

52-Week High

$3.61

52-Week Low

$2.28

Beta

1.20

Analyst Target

$2.90

Shares Outstanding

385.3M

Total Debt

$1.3M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$2.90

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
57/ 100
-11 pts / 5d

Neutral / mixed momentum

5D -1.5% · 20D +1.2% · RSI 60 · Price vs 20D avg +2.1%
Volatility
17/ 100
+1 pts / 5d

Low movement

20D realized vol 25.4% · 60D 39.6% · Acceleration 0.64x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CRON

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

M&A headline · Oct 15, 2026

Cronos Completes Acquisition of CanAdelaar, Europe's Largest Adult-Use Cannabis Company — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GlobeNewsWire

M&A headline · Oct 5, 2026

Cronos Group Inc. $CRON Shares Newly Acquired by Bank of America Corp DE — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

Defense World

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CRON.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Strong balance sheet with significant cash and cash equivalents.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Drug Manufacturers - Specialty & Generic industry.
  • −Regulatory risks associated with the evolving cannabis legal framework.
  • −Dependence on third-party supply agreements and operational risks at production facilities.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

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Scores

Click any score for full breakdown

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Tap for breakdown →

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Debt Cost—
Debt Reduction YoY25.2%
Debt / Equity0.00x

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—

Revenue YoY72.9%
Revenue CAGR60.7%
Net Margin31.0%

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—

Asset Growth YoY2.6%
Liquidation/Share$2.90
Net Assets/MCap0.97x

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—

Earnings Yield5.7%
Buyback Yield0.2%
Debt Cost—

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—

ROIC-3.0%
ROE6.5%
ROA5.9%

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—

EPS Growth—
FCF/Share Growth-97.3%
Rev/Share Growth22.9%

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—

Intrinsic Value—
Value Reference—
MOS—

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—

Revenue—
Moat—
Valuation—

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MOS %—
Value Reference—
Deep Discount Reference—

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—

Interest Coverage—
ROIC-3.0%
FCF Yield0.0%

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Financial—
Valuation—
Debt—

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Survival Years10.5 yrs
Current Ratio19.59x
FCF Margin0.1%

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Score Changes

Score changes will appear once more historical records are available.

Price vs. Value

Undervalued

Current Price

$3.35

Model Intrinsic Value

$6.98

Difference

−$3.64

-52.1% vs IV

Margin of Safety

52.1%

UndervaluedFair ValueOvervalued
Value Reference: $4.19
Deep Discount Reference: $2.79

Financial Charts

Revenue

201420152016201720182019202020212022202320242025-$50M$0$50M$100M$150M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$165M-$110M-$55M$0$55M

Total Debt

201520172019202120232025$0$3M$5M$8M$10M

Total Assets

201520172019202120232025$0$500M$1.0B$1.5B$2.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$225.2M$149.2M$117.6M$87.2M····························
Cost of Revenue$143.8M$87.5M$92.4M$75.3M····························
Gross Profit$81.4M$61.7M$25.2M$11.9M····························
Research & Development$5.3M$4.4M$4.2M$5.8M····························
SG&A Expenses$67.0M$63.8M$76.8M$80.9M····························
Operating Expenses$68.8M$79.5M$101.7M$96.7M····························
EBITDA$11.4M-$3.4M-$50.2M-$71.8M····························
Operating Income$12.6M-$17.8M-$76.5M-$84.8M····························
Interest Expense$0.00$0.00$0.00$0.00····························
Income Before Tax$68.2M-$17.4M$36.6M-$73.7M····························
Income Tax Expense-$10.8M-$14.4M-$3.4M-$3.2M····························
Net Income$69.8M-$9.6M$41.1M-$74.0M····························
Basic EPS$0.18$-0.03$0.11$-0.19····························
Basic Shares385M385M382M381M····························
Diluted Shares385M385M386M381M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Nov 5, 2026
Estimated EPS: $0.03Estimated revenue: $51.1M
Jun 30, 2026Q2FY2026

Revenue

$53.0M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.08

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-35.6%

Cash Change

-41.2%

Margin Change

+179.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Debt reduced

What Weakened

  • Cash position declined

Potential Score Impact

Positive indicators included revenue growth, debt levels, net income margin. Pressure indicators included EPS growth, cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 58.4%. EPS declined 183.3%. Cash declined 41.2%. Total debt declined 35.6%. Net income margin improved by 179.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

7 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 5, 26Sep 17, 26Oct 1, 26Oct 23, 260255075100

Historical Score Chart

3 of 7 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 4 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Debt Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Revenue Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Asset Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Capital Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Management Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Moat Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Valuation Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Buffett Score

Sep 17, 26Oct 1, 26Oct 23, 260255075100

Intrinsic Value

Sep 17, 26Oct 1, 26Oct 23, 26$4.00$5.00$6.00$7.00$8.00

Value Reference

Sep 17, 26Oct 1, 26Oct 23, 26$2.00$3.00$4.00$5.00$6.00

Margin of Safety %

Sep 17, 26Oct 1, 26Oct 23, 260.5%0.5%0.5%0.5%0.5%

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News

Rumor Mill · CRON

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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