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CRON

Cronos Group

$11.08

-0.95 (-7.90%)

08:04
08/29/18
08/29
08:04
08/29/18
08:04

Cronos Group enters joint venture agreement with affiliate of Agroidea SAS

Cronos Group is pleased to announce that it has entered into a joint venture agreement with an affiliate of Agroidea SAS, Colombia's leading agricultural services provider with over 30 years of research, development and production operations. This partnership establishes a newly formed entity, NatuEra S.a r.l., in Colombia that will develop, cultivate, manufacture and export cannabis-based medicinal and consumer products for the Latin American and global markets. Under the terms of the joint venture, each partner will contribute capital as required by NatuEra to fund facility construction and operating expenditures. NatuEra will combine the operational expertise of Cronos in the production and global commercialization of medicinal cannabis products with the expertise in industrial scale cultivation, meristem laboratory operations, and local market experience of AGI's management team. Construction of the facility remains subject to obtaining the relevant permits and other customary approvals. Commencement of operations at the facility will be subject to obtaining the appropriate licenses under applicable law.

CRON Cronos Group
$11.08

-0.95 (-7.90%)

08/15/18
08/15/18
UPGRADE

Hold
Cronos Group upgraded to Hold on 'compelling' new initiatives at Canaccord
As previously reported, Canaccord analyst Matt Bottomley upgraded Cronos Group to Hold from Sell as he believe Cronos has added a number of "compelling" strategic initiatives, such as a supply agreement into Poland's recently legalized medical market; a partnership with MedMen in Canada; the creation of Cronos GrowCo; and the take-or-pay supply agreement with Cura Select of the U.S. Updating for these initiatives lead Bottomley to raise his price target on Cronos shares to C$7.50 from C$6.50.
08/15/18
ADAM
08/15/18
UPGRADE
ADAM
Hold
Cronos Group upgraded to Hold from Sell at Canaccord
05/01/18
ADAM
05/01/18
DOWNGRADE
ADAM
Sell
Cronos Group downgraded to Sell from Hold at Canaccord
04/06/18
MITR
04/06/18
UPGRADE
MITR
Buy
Cronos Group upgraded to Buy from Hold at GMP Securities
GMP Securities analyst Martin Landry upgraded Cronos Group to Buy from Hold.

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