Stocks to Watch: Cronos Group Inc. (TSX:CRON) Up +9.29%

At close of market on Monday, Cronos Group Inc. (TSX:CRON) stock finished trading at +9.29%, bringing the stock price to $23.06 on the Toronto Stock Exchange. The stock price saw a low of $21.55 and a high of $23.29.

The company’s stock was traded 9,582 times with a total of 1,728,013 shares traded.

Cronos Group Inc. has a market cap of $7.7 billion, with 333.02 million shares in issue.

Cronos Group Inc is a diversified and vertically integrated cannabis company. Its principal activities involve production and sale of cannabis in federally legal jurisdictions, including Canada and Germany. The company sells dried cannabis and cannabis oils under its medical cannabis brand Peace Naturals. It seeks to invest in companies either licensed or actively seeking a license, to produce medical marijuana pursuant to Canada’s Marihuana for Medical Purposes Regulations. The company other brands include Spinach and Cove.

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