Amount
Latest price
$2.04
(£1.00 = $1.339)
Number of shares (est.)
0
Market Cap
$1.061B
P/E ratio
21.44
EPS
$0.128
Beta
1.49
Dividend rate
N/A
Dividend yield
N/A
Cronos Group Inc. is a global cannabinoid company engaged in building disruptive intellectual property by advancing cannabis research, technology and product development. The Company’s diverse international brand portfolio includes Spinach, PEACE NATURALS and Lord Jones. Spinach is a mainstream adult-use cannabis brand with a portfolio that includes cannabinoid products in a wide range of formats, including dried flower, pre-rolls, vaporizers, edibles and tinctures. Lord Jones is a premium adult-use cannabis brand. The Lord Jones brand portfolio includes cannabis products in the pre-roll, vaporizer and edible categories. Lord Jones Ice Water Hash Fusions pre-rolls feature flower and terpene-rich ice water hash and are fitted with a branded ceramic tip. PEACE NATURALS is a global medical brand engaged in producing cannabis products. The Company distributes products under the PEACE NATURALS brand for the Canadian market and the Israeli, German, and United Kingdom medical markets.
CEO
Mr. Michael Ryan (Mike) Gorenstein, J.D.
Employees
N/A
Sector
Health
Company HQ
TORONTO, Canada
Website
CALGARY, AB, and TORONTO, ON , July 16, 2025 /PRNewswire/ - High Tide Inc. ("High Tide") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has closed a loan agreement (the "Loan Agreement") with a wholly owned subsidiary of Cronos Group Inc. (Nasdaq: CRON) (TSX: CRON) to secure convertible debt with a principal amount of $30 million (the "Junior Secured Loan"). High Tide intends to use this working capital to fund future acquisitions and organic growth as it seeks to expand its business and grow its domestic store network beyond 300 locations in Canada.
2025 has been a troubled time for marijuana stock investors. With a lack of momentum and no sign of any upward trading, what are shareholders to do? Now, the cannabis industry outside of the public sector has been doing phenomenally. Some cannabis companies continue to grow and become even bigger and profitable. At this time, the legal market still faces an uphill climb, but as long as companies can fulfill the increase in consumer demand there is a light at the end of the tunnel.
In 2025, the cannabis industry is going through a pivotal time, led by crucial regulatory shifts, consolidation, and consistent obstacles around federal legalization in the U.S. Despite the hype in past years, marijuana stocks have experienced prolonged upward movement, with many trading near bottom levels. This drop stems largely from the regulatory holdups at the federal level. Plus, all the high taxes, oversupply in mature markets, and constrained access to traditional banking and capital.
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