Cronos stock falls after wider-than-expected loss, but revenue is boosted by Canadian adult-use cannabis market
February 26, 2021 at 14:40 PM EST
Cronos Group Inc. shares slid 2.4% Friday, after the Canadian cannabis company posted a wider-than-expected loss for the fourth quarter, but revenue that beat estimates, buoyed by growth in the Canadian adult-use market and U.S.