Cronos Group (CVE:MJN) Stock Price Down 1.9% – Here’s Why

Cronos Group Inc (CVE:MJN)’s stock price traded down 1.9% on Friday . The stock traded as low as C$11.90 and last traded at C$12.15. 1,388,975 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 2,065,952 shares. The stock had previously closed at C$12.38.

Cronos Group Trading Down 1.9%

The business’s 50 day moving average price is C$12.15 and its 200-day moving average price is C$12.15.

Cronos Group Company Profile

Cronos Group Inc, formerly PharmaCan Capital Corp, is a Canada-based cannabis company. The Company operates two Licensed Producers (LPs) regulated within Health Canada’s Access to Cannabis for Medical Purposes Regulations (the ACMPR) and holds a portfolio of investments in other Licensed Producers and ACMPR applicants.