The 7th Trillion Dollar Company?
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
![](https://musthinsider.com/img/CRON.png)
Financials
Profit Margin | -1.57 |
Return on Assets | -0.05 |
Return on Equity | -0.04 |
Revenue | 46,719,000 |
Earnings Per Share | -0.21 |
Revenue Per Share | 0.13 |
Gross Profit | -25,833,000 |
Quarterly Revenue Growth | 1.33 |
General
Name | Cronos Group Inc |
Ticker | CRON |
Exchange | NASDAQ |
Sector | Healthcare |
Industry | Drug Manufacturers-Specialty & Generic |
Currency | USD |
Country | USA |
Fiscal Year End | December |
About Cronos Group Inc
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under two adult-use brands, COVE and Spinach. The company also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.
Earnings
8 Large Cap Stocks That Outperformed Nvidia Over The Past Year
Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.
Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival
On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.
Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad
Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.
Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'
Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.
Tesla Model 3 Long Range Now Qualifies For Full $7,500 Tax Credit
Tesla Inc (NASDAQ: TSLA) announced the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the
July 29 Deadline: The No. 1 Monthly Dividend ETF - Ad
It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before July 29, you'll secure a payout of $2.05 PER SHARE!
Top 3 Materials Stocks That May Explode In Q2
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
Biden In Trouble: Trump Dominates Swing States, Ties In New Battleground State Won By Democrats In 12 Straight Presidential Elections
A new 2024 election poll makes a change to what the top seven swing states are. The move and poll results could have Joe Biden worried.
Exposed: 3 Cent Crypto to Explode July 22nd? - Ad
Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.
The 'AI Big 10': 10 AI Stocks Now Comprise 28% Of S&P 500, Up From 14% In 2023
SPDR S&P 500 ETF has risen 30% in 8 months, thanks to AI stocks taking up large part of index. NVIDIA's success accounts for half of S&P 500's growth.
Capcom's Street Fighter Film Locked For 2026 Despite Director Shift
Sony Pictures announces the release date for the new Street Fighter movie. Get the updates on Capcom's video game adaptation
5 Wall Street Legends Just Bought This One Stock - Ad
"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
This law is a lifeline for pregnant workers even as an abortion dispute complicates its enforcement
NEW YORK (AP) — Victoria Cornejo Barrera thought the legal helpline for workers sounded too good to be true.
US Supreme Court refuses to take up challenge to Florida's online sports betting compact
FORT LAUDERDALE, Fla. (AP) — The U.S. Supreme Court on Monday refused to take up a challenge to exclusive rights to handle online sports betting in Florida, dealing a blow to the deal's opponents.
Something BIG's About to Happen in America - Ad
The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.
Federal appellate panel sends Michigan pipeline challenge to state court
Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday.
Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?
Top performing large-cap stocks in the last week: AVGO, ARM, CASY, QRVO, SWKS, Z, ANET, RTO, ORCL, AAPL. Analysts raised price forecasts.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Is Altseason Around The Corner? Real Vision Analyst Reveals Key Indicators
Real Vision analyst Jamie Coutts on Thursday presented an optimistic outlook for high-quality altcoins, highlighting that the current setup appears increasingly favorable as global liquidity gears up for expansion.
E-commerce's Ascent Stalls As One Sub-Segment Grows By Over 100%: Report
COVID-19 accelerated shift to online shopping, with luxury, cosmetics & fashion seeing growth. Inflation affected e-commerce, but Temu & Olive Young thrived. BTS & Korean culture drove popularity.
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Apple Chip Veteran Joins Sam Altman-Backed AI Startup To Lead Hardware Engineering
Rain AI, a San Francisco-based startup, has appointed a former Apple Inc. chip executive to head its hardware engineering division. The new hire is expected to play a crucial role in the company's quest to develop innovative semiconductors for artificial intelligence.
Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900
Reddit users debate best stock picks for $4.9K investment. Microsoft and Amazon seen as strong choices, while Palantir's potential sparks debate.
Discover "U.S.'s New Money" Before Biden Wins - Ad
A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.
Thailand has tried for years to solve its pollution problem. But 'haze season' always comes back
SAMOENG, Thailand (AP) — When the haze season comes, village chief Nanthawat Tiengtrongsakun and his tribesmen start preparing the land for fire.
State Street Technology ETF To Put Nvidia Before Apple In Revamp
Tech ETF to boost Nvidia exposure at Apple's expense, triggering billions in trading volume. Rebalance to reflect Nvidia's market value surpassing Apple's.
Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad
In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."
Drake Stares Down Potential $1M Bitcoin Loss Amid NHL, NBA Bet Disappointments
Canadian musician Drake is on the brink of a significant financial loss as his bets on the NHL and NBA finals could cost him $1 million worth of Bitcoin (CRYPTO: BTC).
What's Going On With Ocean Power Technologies Stock After Hours?
Ocean Power Technologies said it signed an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies in an effort to to enhance Ocean Power's product offerings and drive innovation within the industry.
"America's No. 1 Retirement Stock" (Name Inside) - Ad
According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?
Groundbreaking Fentanyl Vaccine Being Developed To Prevent Fatal Overdoses, Startup Secures $10M
The initiative focuses on commercializing academic research aimed at preventing deadly fentanyl from reaching the brain.
Sprint great Michael Johnson launching 'Grand Slam Track' league with $100K first prizes
Sprinting great Michael Johnson is launching a track league that looks to assemble nearly 100 of the sport's top performers four times a year to compete for $12.6 million in prize money over its first season.
What Is Nvidia's New $1 Trillion Superproject? - Ad
While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.
Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition
The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature
Cathie Wood's Ark Invest Acquires $7.3M Worth Of Shares In This Promising Netflix Competitor, Sells Off Coinbase Stock Amid Bitcoin Slump
On Wednesday, Cathie Wood-led Ark Invest made significant trades in Roku Inc (NASDAQ:ROKU) and Coinbase Global Inc (NASDAQ:COIN), amidst a volatile market.
Dem Election Plot To Create "Chaos Rally" Phenomenon? - Ad
A former CIA insider now predicts Biden dropping out August 19th... Will create the rare Chaos Rally profit opportunity... that could "turn the tables" on the Dem election plot to potentially collect huge financial gains. This kind of wealth-building event has only happened 3 times in American history.
What's Going On With Archer Aviation Stock?
Archer Aviation shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. Here's a look at what to know:
Issey Miyakeâs wind-inspired show takes flight at Paris Fashion Week
PARIS (AP) — Diaphanous origami-like sculptures that floated like spring seeds caught in the wind captured the essence of the subtle, rich, and exquisite display from Issey Miyake at Paris Fashion Week — one of the strongest in seasons.
Big Tech Is Spending Billions Each Month on This AI Superproject - Ad
Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.
US Budget Crunch: CBO Warns Federal Interest Costs Now Higher Than Defense Spending, Deficits To Remain Above 5.5% Until 2034
CBO warns that the growing federal deficit puts financial strain on the U.S. government as interest costs set to surpass defense spending for the first time ever.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.