Canadian cannabis producer Cronos Group reported a quarterly loss of $111.7 million and an adjusted EBITDA of negative $53.1 million, according to the full-year and fourth-quarter results released Friday, well below analyst expectations. However, Cronos exceeded analyst expectations on sales, with net revenue of $17 million in the quarter ended Dec. 31, 2020, up from […]
Cannabis producer Cronos loses $111.7 million in fourth quarter is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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