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Latest Press Releases

Cronos Group Recognized by the Toronto Stock Exchange's TSX30 Program
- GlobeNewswire - Tue Sep 15, 9:00AM CDT
GlobeNewswire - CMTX
Tue Sep 15, 9:00AM CDT
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos Group" or the "Company") today announced that on September 15, 2020, the Company was recognized by the Toronto Stock Exchange as the third top-performing company on the Toronto Stock Exchange's 2020 TSX30 list, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation.
Cronos Group Inc. to Present at the CIBC 19th Annual Eastern Institutional Investor Conference
- GlobeNewswire - Mon Sep 14, 3:30PM CDT
GlobeNewswire - CMTX
Mon Sep 14, 3:30PM CDT
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos Group" or the "Company"), an innovative global cannabinoid company, today announced that Mike Gorenstein, Executive Chairman, will speak at the CIBC 19th Annual Eastern Institutional Investor Conference on Thursday, September 17, 2020 at 2:40 p.m. EDT.
Rising Demand for Wellness Drinks to Foster the Growth of Cannabis Beverages Market
- AmericaNewsHour - Fri Sep 11, 11:11AM CDT
AmericaNewsHour - CMTX
Fri Sep 11, 11:11AM CDT
Research Nester published a report titled which delivers a detailed overview of the cannabis beverage market in terms of market segmentation by type, by constituent, by distribution channel, by application, by end-user, and by region.
CBD Consumers Increasingly Relying on Online Sales During Pandemic Boosting Profits
- MENAFN - Thu Sep 10, 2:16PM CDT
MENAFN - CMTX
Thu Sep 10, 2:16PM CDT
Palm Beach, FL - September 10, 2020 - While the global pandemic has slowed sales for many industries there are markets and companies that have actually thrived. One such market is the CBD markets and the companies that focus on online sales have outpaced the brick and mortar storefronts. According to a report from industry insider, the CBD & Cannabinoid Industry Association, reported that despite slumped sales for brick-and-mortar CBD storefronts, online sales of CBD products have spiked. The coronavirus pandemic has caused a shift in consumer shopping behavior to online purchasing among retailers, including those selling CBD products. A recent report shows that the industry overall, is still projected to substantially grow in the next several years. A report from Industry Research said that the global Cannabidiol (CBD) market is valued at 553.7 million US$ in 2020 is expected to reach 4268.3 million US$ by the end of 2026, growing at a CAGR of 33.5% during 2021-2026. Active companies in the Cannabis market this week include (NYSE: ACB) (TSX: ACB), (OTCPK: TNRG), (NYSE: YCBD), (NASDAQ: CRON) (TSX: CRON), (NASDAQ: VFF) (TSX: VFF).
CBD Consumers Increasingly Relying on Online Sales During Pandemic Boosting Profits
- PR Newswire - PRF - Thu Sep 10, 7:45AM CDT
PR Newswire - PRF - CMTX
Thu Sep 10, 7:45AM CDT
, /PRNewswire/ -- While the global pandemic has slowed sales for many industries there are markets and companies that have actually thrived. One such market is the CBD markets and the companies that focus on online sales have outpaced the brick and mortar storefronts. According to a report from industry insider, the CBD & Cannabinoid Industry Association, that despite slumped sales for brick-and-mortar CBD storefronts, online sales of CBD products have spiked. The coronavirus pandemic has caused a shift in consumer shopping behavior to online purchasing among retailers, including those selling CBD products. A recent report shows that the industry overall, is still projected to substantially grow in the next several years. A from Industry Research said that the global Cannabidiol (CBD) market is valued at in 2020 is expected to reach by the end of 2026, growing at a CAGR of 33.5% during 2021-2026.   Active companies in the Cannabis market this week include  (NYSE: ACB) (TSX: ACB), (OTCPK: TNRG),  (NYSE: YCBD), (NASDAQ: CRON) (TSX: CRON),   (NASDAQ: VFF) (TSX: VFF).
Cannabis Companies Committed to Quality Carve Niche in Multi-Billion-Dollar Industry
- PR Newswire - PRF - Wed Sep 9, 7:30AM CDT
PR Newswire - PRF - CMTX
Wed Sep 9, 7:30AM CDT
, /PRNewswire/ -- As the cannabis industry matures and is again heating up — a by Data Bridge Market Research projects that the global legal marijuana market will explode to more than by 2027. Companies operating in the sector are looking to capitalize on opportunities the multibillion-dollar space offers. Recognizing the often submarginal quality of available product as well as high cost of development and land acquisition, (CSE: PACR) () utilizes state-of-the-art genetics to ensure premium-quality products. Using science and key strategic partnerships, Pac Roots intends to eliminate the quality and cost barriers to success and carve what could be profitable niche in a booming market. (NYSE: CGC) continues expansion of its Canadian operations while (NYSE: CRON) has officially entered the Israeli medical cannabis market with the sale of its dried flower products. (NASDAQ: APHA) has also entered the Israeli market with its recently announced supply agreement with Canndoc, and (NASDAQ: OGI) has launched Trailblazer Snax, the largest cannabis-infused chocolate bar in
Cronos Group Announces Expanded Leadership Structure to Drive Next Phase of Growth
- GlobeNewswire - Wed Sep 9, 7:06AM CDT
GlobeNewswire - CMTX
Wed Sep 9, 7:06AM CDT
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos Group" or the "Company") today announced that its Board of Directors has appointed Kurt Schmidt President and Chief Executive Officer of the Company, effective today. Kurt brings to Cronos Group more than three decades of experience leading and growing renowned global consumer packaged goods companies and their brands, including at Blue Buffalo Company Ltd., Nestle S.A., Gerber and Kraft Foods. The Company also announced that Mike Gorenstein has been appointed Executive Chairman. Mike has served as Chairman, President and Chief Executive Officer of Cronos Group since 2016.
Medical Cannabis Products Grow in Popularity as Legalization Battle Continues
- PR Newswire - PRF - Tue Sep 8, 8:00AM CDT
PR Newswire - PRF - CMTX
Tue Sep 8, 8:00AM CDT
, /PRNewswire/ -- The legal cannabis industry continues to expand around the world with major contribution to the market coming from continuous legislative victories in North America and Europe. Specifically, legalization of medical cannabis and decriminalization in some countries has led to a decrease in black-market activity, as people are shifting to legally buying cannabis for medical as well as recreational use. According to a blog post by New Frontier Data, despite popular transformation of public attitudes toward cannabis over the past 20 years, as two-thirds of the country now support full national legalization, and 7 in 10 Americans viewing marijuana use as morally acceptable, advocates indicate that the transition from prohibition to legalization still has major obstacle to overcome. For example, the classification of cannabis as a Schedule 1 drug remains the most consequential impediment to ending the highly the U.S. prohibition laws on a federal level, which will give states more freedom to operate cannabis-based businesses. MediPharm Labs Corp. (OTC: MEDIF) (TSX: LABS), GrowGeneration Corp. (NASDAQ: GRWG), Cresco Labs Inc. (OTC: CRLBF) (CSE: CL), Aphria Inc. (NASDAQ: APHA) (TSX: APHA), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON)  
Europe's CBD Market Projected To Grow By 400%
- MENAFN - Tue Aug 25, 9:55PM CDT
MENAFN - CMTX
Tue Aug 25, 9:55PM CDT
Palm Beach, FL - August 25, 2020 - CBD is seeing monumental demand in Europe. The growth of the CBD market in Europe is growing because of the adoption of CBD infused products in industries such as pharmaceuticals, personal care, cosmetics, nutraceuticals, along with medical applications. In particular, legalisation of medical cannabis, and decriminalization in some countries, has led to a significant decrease in black-market activity, as people are shifting to legally purchasing cannabis for medical as well as recreational use. The legal cannabis industry continues to expand around the world with major contribution to the market coming from continuous legislative victories in North America and Europe. In Europe alone, the market is on course to grow 400% over the next four years, according to the Brightfield Group report. Another report from New Frontier data supports that projected growth in a report that said 46% of Europeans view CBD favorably, and up to 77% of surveyed respondents also believe CBD should be accessible in some way. Active companies in the Cannabis market this week include (OTCQB: WRHLF), (CSE:PLTH) (OTCQX:PLNHF), (NASDAQ: CRON) (TSX: CRON), (CSE: CURA) (OTCQX: CURLF), (NYSE: ACB) (TSX: ACB).
Europe's CBD Market Projected To Grow By 400%
- PR Newswire - PRF - Tue Aug 25, 7:45AM CDT
PR Newswire - PRF - CMTX
Tue Aug 25, 7:45AM CDT
, /PRNewswire/ -- CBD is seeing monumental demand in . The growth of the CBD market in is growing because of the adoption of CBD infused products in industries such as pharmaceuticals, personal care, cosmetics, nutraceuticals, along with medical applications. In particular, legalisation of medical cannabis, and decriminalization in some countries, has led to a significant decrease in black-market activity, as people are shifting to legally purchasing cannabis for medical as well as recreational use. The legal cannabis industry continues to expand around the world with major contribution to the market coming from continuous legislative victories in North America and Europe. In Europe alone, the market is on course to grow 400% over the next four years, according to the Brightfield Group report. Another report from New Frontier data supports that projected growth in a report that said 46% of Europeans view CBD favorably, and up to 77% of surveyed respondents also believe CBD should be accessible in some way.  Active companies in the Cannabis market this week include (OTCQB: WRHLF),(CSE:PLTH) (OTCQX:PLNHF), (NASDAQ: CRON) (TSX: CRON),  (CSE: CURA) (OTCQX: CURLF), (NYSE: ACB) (TSX: ACB).

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