Cronos Group

Cronos Group

CRON
Toronto, Canada· Est.
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CRON · Stock Price

USD 2.57+0.59 (+29.80%)
Market Cap: $967.0M

Historical price data

Overview

Cronos Group's mission is to build a leading, science-driven cannabinoid platform that delivers high-quality products to global consumer and medical markets. A key achievement was securing a C$2.4 billion strategic investment from Altria Group in 2019, providing a robust balance sheet to fund R&D and international expansion. The company's strategy is anchored in differentiating through its fermentation-based cannabinoid production technology, brand portfolio management, and navigating complex international regulatory pathways. Its operational focus spans cultivation, product development, and distribution in key legal markets.

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Technology Platform

Proprietary fermentation platform, developed in partnership with Ginkgo Bioworks, for the biosynthesis of cultured cannabinoids using engineered microorganisms, aiming for scalable, consistent, and cost-effective production.