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Cannabis Stock CRON Trades Near 52-Week High: How to Play
Cronos GroupCronos Group(US:CRON) ZACKS·2025-09-05 22:46

Key Takeaways Cronos revenues rose 21% year over year in Q2 2025 to 33.5million.StrongdemandinGermanyandIsraelliftedgrossmarginsto4333.5 million.Strong demand in Germany and Israel lifted gross margins to 43%.Net loss widened to 40M, pressured by currency and regulatory costs.One of the leading Canadian cannabis producers, Cronos Group’s (CRON) stock hit 2.50apieceonThursday,closetoits52weekhighof2.50 apiece on Thursday, close to its 52-week high of 2.77.This growth in share price was primarily driven by hopes of federal reforms in the United States and robust international sales growth. Signs of margin impr ...