Cannabismarketcap

CRONNASDAQLP

Cronos Group

$3.35-0.03▼-0.89%USD

Cronos Group (CRON) is a licensed cannabis producer (LP) trading on the NASDAQ. The stock is currently priced at $3.35 with a market capitalization of $1.23B and trailing twelve-month revenue of $179.1M. The company reports a gross margin of 45.9%. View SEC filings ↗

Market Cap

$1.23B

Volume

535.7K

Prev Close

$3.38

52W High

$3.61

52W Low

$2.28

P/S Ratio

6.87

Shares Out

368.4M

Revenue

$179.1M

Gross Margin

45.9%

Cash

$467.0M

CRON Price Chart

Latest Quarterly Results

In Q2 2026, Cronos Group reported revenue of $53.0M, up 58.4% from Q2 2025. Gross margin was 53.7%. Net income was $35.7M. The company ended the quarter with $467.0M in cash.

CRONQ2 2026YoY
Revenue$53.0M+58.4%
Gross margin53.7%+10.3 pts
Net income$35.7M—
Operating cash flow$24.0M+752.0%
Cash & equivalents$467.0M-41.2%
Total debt——

Source: SEC filings, in USD; quarters are calendar quarters of the period end. Latest filing: 10-Q, filed Aug 6, 2026 ↗. Next report expected around Nov 10, 2026 (estimate).

Trading Data

Previous Close$3.38
Open$3.38
Day Range$3.32 – $3.38
52-Week Range$2.28 – $3.61
$2.28$3.61
Volume535.7K
Avg Volume642.5K
Market Cap$1.23B
Enterprise Value—
Shares Outstanding368.4M
P/S Ratio6.87
Revenue Growth YoY+37.46%

Valuation Metrics

P/S Ratio (TTM)
6.875-15x
EV / Revenue
—
Gross Margin
45.9%Strong margin profile
Revenue Growth YoY
+37.46%Positive momentum
Cash Runway
—
Debt-to-Equity
—

Financial Highlights

View Full Financials
R
Revenue TTM$179.1MTrailing twelve months
G
Gross Profit$82.1MRevenue x Margin
%
Gross Margin45.9%Strong profitability
$
Cash & Equivalents$467.0MAvailable liquidity
D
Total Debt—Outstanding obligations
N
Net Cash Position—Cash minus debt

Quarterly Revenue

Reported quarterly revenue (SEC filings)

TTM: $179.1M

CRON Key Takeaways

  • Cronos Group (CRON) trades at $3.35 with a market cap of $1.23B, ranking #8 among 71 cannabis stocks.
  • Trailing twelve-month revenue is $179.1M, growing +37.46% year-over-year.
  • Gross margin stands at 45.9% — strong margin profile for a cannabis company.
  • Balance sheet shows $467.0M in cash and equivalents; total debt is not reported in our data.
  • Price-to-Sales ratio of 6.87x — in line with sector median.
  • Ranked #1 by market cap in the LP sector. Trades on the NASDAQ exchange.

CRON Stock Analysis

Cronos Group (CRON) is a licensed cannabis producer (LP) listed on the NASDAQ exchange, headquartered in Canada. With a current share price of $3.35 and a market capitalization of $1.23B, CRON ranks #8 out of 71 publicly traded cannabis stocks tracked on Cannabismarketcap.

From a fundamental perspective, Cronos Group reports trailing twelve-month revenue of $179.1M, representing growth of +37.46% year-over-year. The company maintains a gross margin of 45.9%, which places it among the stronger operators in the cannabis space. At a price-to-sales multiple of 6.87x, the stock is fairly valued compared to sector peers.

The company reports $467.0M in cash and equivalents; total debt is not reported in our data. Investors looking for a deeper dive can explore CRON's full financial statements including quarterly breakdowns and balance sheet history.

CRON currently trades within a 52-week range of $2.28 to $3.61. Average daily trading volume stands at 535.7K shares. The company employs approximately 610 people.

Corporate Information

Company Name
Cronos Group
Ticker Symbol
CRON
Exchange
NASDAQ
Sector
LPLicensed Producer
Industry
MEDICINAL CHEMICALS & BOTANICAL PRODUCTS(SIC 2833)
Headquarters
Canada
IPO / List Date
Jun 3, 2016
Employees
610
Market Cap
$1.23B#8 in cannabis
Shares Outstanding
368.4M
Status
Active
Currency
USD

Share Structure

Shares Outstanding
368.4M
Market Cap
$1.23B
Enterprise Value
—
Avg Volume (30d)
642.5K
Dilution Rate
—

CRON Price History

Investment Snapshot

Programmatic analysis based on available financial data. Not investment advice.

Market PositionPositive

Ranked #8 of 71 by market cap ($1.23B). Sector median: $32.9M.

Financial HealthPositive

Cash: $467.0M (debt not reported). Gross margin at 45.9%.

GrowthPositive

Revenue growth at +37.5% YoY. Sector median: +1.6%.

ValuationNeutral

P/S ratio of 6.87x vs sector median of 0.71x. Fairly valued for the sector.

Cannabis Industry Context

Cannabis Industry Overview

Canada became the first G7 nation to legalize recreational cannabis with the passage of the Cannabis Act (Bill C-45) in October 2018, establishing a federally regulated market that licensed producers (LPs) operate within. The Canadian LP landscape is characterized by federal oversight from Health Canada, provincial distribution models that vary by jurisdiction, and intense price compression driven by oversupply and illicit market competition. Many LPs have pivoted toward international expansion as a growth vector, pursuing EU-GMP certification to export medical cannabis to Germany, Poland, the Czech Republic, and other European markets. The European Union represents a significant long-term opportunity, with Germany in particular moving toward a regulated adult-use framework. LPs benefit from listing eligibility on major North American exchanges such as the TSX and Nasdaq, giving them access to institutional capital that remains largely unavailable to US-touching plant operators. However, the Canadian domestic market remains challenging, and investors closely track LPs' paths to sustained profitability, market share within premium product categories, and execution on international distribution.

Cronos Group in the Licensed Producer (LP) Landscape

Cronos Group (CRON) currently ranks #1 out of 18 publicly traded licensed producer (lp) companies by market capitalization, with a market cap of $1.23B. The company reports trailing-twelve-month revenue of $179.1M, placing it below the sector median of $230.6M. The licensed producer (lp) sector comprises 18 tracked companies, reflecting the broad competitive landscape within this segment of the cannabis industry.

The top companies in the licensed producer (lp) sector by market capitalization are Cronos Group (CRON) at $1.23B, Tilray Brands (TLRY) at $397.5M, and SNDL Inc (SNDL) at $339.7M. As the sector leader by market capitalization, Cronos Group plays a significant role in setting investor expectations and operational benchmarks for the group.

Key Metrics at a Glance

Market Cap$1.23BSector median: $111.8M
▲
Revenue (TTM)$179.1MSector median: $230.6M
▼
Gross Margin+45.86%Sector median: +29.12%
▲
P/S Ratio6.9xSector median: 1.4x
▲

Regulatory & Risk Considerations

All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. Canadian licensed producers like Cronos Group operate under a comprehensive federal framework administered by Health Canada, which provides regulatory clarity but also imposes strict requirements around facility licensing, product testing, packaging standardization, and marketing restrictions. While LPs benefit from legitimate banking relationships and major exchange listings, the Canadian market itself faces challenges including persistent illicit market competition, provincial distribution bottlenecks, and retail store rollout timelines that have varied dramatically by province.

For LPs with international operations, the regulatory landscape becomes significantly more complex. Each export destination maintains its own import licensing requirements, product specifications, and quality certifications — most notably EU-GMP certification for European markets. Currency exchange risk, cross-border shipping logistics, and evolving international regulations add layers of operational complexity. LPs must also be mindful of Canadian regulations that restrict certain marketing activities and promotional claims, limiting brand-building opportunities even as the market matures.

Compare CRON With Peers

CompanyPriceChange %Mkt CapRevenueMarginP/S
CRON$3.35-0.89%$1.23B$179.1M45.9%6.87
TLRY$2.69-2.89%$397.5M$963.1M29.1%0.41
SNDL$1.29-0.77%$339.7M$673.4M27.3%0.50
VFF$2.58-0.39%$316.1M$230.6M44.3%1.37
CGC$0.67-1.81%$282.5M$208.9M25.2%1.35
CBWTF$2.56+3.44%$239.6M———

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Frequently Asked Questions

What is Cronos Group's (CRON) stock price today?▼

Cronos Group (CRON) stock is currently trading at $3.35 per share on the NASDAQ exchange. This represents a daily decline of -0.89% ($0.0300) from the previous closing price of $3.38. Over the past 52 weeks, CRON has traded between a low of $2.28 and a high of $3.61, placing the current price at approximately -7% from its annual high. The stock has a market capitalization of $1.23B, making it one of the larger cannabis companies tracked by Cannabismarketcap. Cronos Group operates in the LP sector, classified under "MEDICINAL CHEMICALS & BOTANICAL PRODUCTS", serving the broader cannabis industry.

What is Cronos Group's market capitalization?▼

Cronos Group (CRON) has a current market capitalization of $1.23B, calculated by multiplying its 368.4M shares outstanding by the current stock price of $3.35. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Cronos Group among the large-cap cannabis companies tracked on Cannabismarketcap. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.

Is Cronos Group profitable?▼

Cronos Group (CRON) currently reports a gross margin of 45.9%, which means the company retains 45.9 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $179.1M, this translates to an estimated gross profit of approximately $82.1M. Profitability is a critical factor in the cannabis industry, where many companies are still investing heavily in growth and regulatory compliance. Investors should review the full income statement, cash flow trends, and operating expense breakdown on Cannabismarketcap for a complete picture of Cronos Group's financial health.

What is Cronos Group's annual revenue?▼

Cronos Group (CRON) reports trailing twelve month (TTM) revenue of $179.1M, reflecting the total sales generated by the company over the most recent four quarters. Revenue has changed +37.46% year-over-year, indicating growth momentum relative to the prior period. The current price-to-sales ratio is 6.87x, which means investors are paying $6.87 for every $1 of annual revenue — a premium valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.

How many employees does Cronos Group have?▼

Cronos Group currently employs approximately 610 people across its operations. As a licensed cannabis producer (LP) headquartered in Canada, its workforce supports activities spanning medicinal chemicals & botanical products and related business functions. Based on trailing twelve month revenue of $179.1M, this equates to approximately $293.6K in revenue per employee, which is a useful efficiency metric for comparing operational productivity across cannabis companies. Employee count is an important indicator of a company's operational scale and its capacity for growth in an industry that remains highly labor-intensive due to regulatory requirements.

What exchange is CRON listed on?▼

Cronos Group trades under the ticker symbol CRON on the NASDAQ exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The company has been publicly listed since 2016-06-03, giving it a track record in the public markets that investors can analyze for long-term trends. The stock sees average daily trading volume of approximately 535.7K shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

What is Cronos Group's gross margin?▼

Cronos Group (CRON) has a gross margin of 45.9%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $179.1M, this translates to an estimated gross profit of approximately $82.1M. Gross margin is a critical profitability indicator in the cannabis industry, where companies face unique cost pressures from regulatory compliance, testing requirements, and the tax burden of IRC Section 280E (which prevents cannabis companies from deducting standard business expenses). A moderate gross margin like Cronos Group's suggests the company has pricing power and operational efficiency relative to peers.

What is CRON's 52-week trading range?▼

Cronos Group (CRON) has traded between a 52-week low of $2.28 and a 52-week high of $3.61, with the current price of $3.35 sitting approximately -7% from the annual high. This range represents a spread of $1.33 (58% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.

What is Cronos Group's cash position and debt level?▼

Cronos Group reports $467.0M in cash and equivalents; total debt is not reported in our data. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.

How many shares outstanding does Cronos Group have?▼

Cronos Group (CRON) currently has 368.4M shares outstanding, which when multiplied by the current stock price of $3.35 gives the company its market capitalization of $1.23B. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.

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Disclaimer

The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for Cronos Group (CRON), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.