Inside the First Cannabis Company to List on Nasdaq

Cronos Group started trading on the Nasdaq Tuesday. The vertically integrated company became the first marijuana company to join a major exchange in the United States. The company's CEO Mike Gorenstein explains how Cronos is capitalizing on the emerging market in Canada. "Entering the U.S. market is really big for us," said Gorenstein. "It continues to show the acceptance the Cannabis industry is getting, and the recognition of how important Cannabis can be." Cronos Group fully owns two subsidiary companies Peace Naturals and Original BC (OGBC), with partial stake in Whistler Medical Marijuana Company.

More In Business

Trade In Your Cocktails For Mocktails. Sober Curiosity Is In

Lightspeed's data confirms that consumers are significantly reducing their alcohol consumption, with sales showing a decrease compared to last year.

Want A Better Deal On Your Next Car? Learn How To Negotiate For A Better Price

Negotiating a better price on a certified used vehicle should definitely be part of the buying process.

AI Funding Resilient in Q1 2024: $12.2B Invested Despite Fewer Mega-Rounds, Crunchbase Data Shows

In 2023, the AI sector saw significant growth in venture investment; however, concerns have risen about the sustainability of this growth.

Biden Administration Moving Ahead On $1 Billion Arms Sale to Israel

It’s the first arms shipment to Israel to be pushed forward since the administration put another arms transfer — consisting of 3,500 bombs — on hold.

Sportswear Brand On Is Ready for the 2024 Paris Games

You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.

The Best Airlines, Ranked—What to Know Before Booking Your Next Flight

You’ll be surprised how they stack up.

Earnings Season Takeaways? Companies Are Doing… Pretty Well!

Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.

As Interest Rates Remain High, Real Estate Braces for Impact

Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.

No. 1 Draft Pick Caitlin Clark Struggles At Her WNBA Debut…but Still Scores 20 Points

Disney+ streamed Caitlin Clark's WNBA debut with the Indiana Fever. This could be a turning point for the league, especially with younger fans.

Golden State Valkyries Bring Warrior Women To WNBA

Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.

Load More