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Canadian cannabis firm Cronos posts $31.3M operating loss in second quarter

Toronto-based cannabis company Cronos Group reported an adjusted operating loss of $31.3 million for its second quarter, along with $40 million worth of coronavirus-related impairment charges on its U.S. operations. Net revenue for the quarter ended June 30 was $9.9 million, a 17.9% increase over the previous quarter. Cronos reports in U.S. dollars. About $2.2 […]

Canadian cannabis firm Cronos posts $31.3M operating loss in second quarter is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



Source: Canadian cannabis firm Cronos posts .3M operating loss in second quarter


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Steve Morrison

Steve Morrison

Steve serves as the founding editor of Hemp Stash News. With over 10 years experience in the news publishing business he decided to extend his vast portfolio by editing and publishing news about the Cannabis industry. Steve has a bachelor's degree in Journalism from the Northern Arizona University.

Steve can be reached out at: Steve.Morrison@hempstashnews.com

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