Cannabis producer Cronos Group drops after posting wider loss, missing on sales

471

The cannabis producer Cronos Group posted disappointing sales as its loss widened. Shares were down less than 1% early Thursday. Watch Cronos Group trade live.

Cronos group reported first-quarter results Thursday morning that missed sales expectations and showed its loss widened from a year ago. The cannabis producer reported sales of 6.5 million Canadian dollars, falling short of the 7 million Canadian dollars that analysts surveyed by Bloomberg were expecting.

Ga naar Bron