Canaccord Genuity Downgrades Cronos Group (CRON) to Sell Following Q4 Earnings Report
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Cronus Corporation (CRON) Reports Q4 Revenues of $1.6M
April 30, 2018 7:08 AM EDTCronus Corporation (NASDAQ: CRON) reported Q4 revenue for the quarter came in at $1.6 million.
Q4 2017 sales of $1.6 million, up 274% year over yearFY 2017 sales of $4.1 million, up 636% year over yearPeace Naturals greenhouse construction complete and facility operationalFiscal Year 2017 Highlights
Sales increased by $3.5 million, or 636%, to $4.1 million in FY 2017.The Company completed significant improvements to the three pre-existing indoor production facilities at Peace Naturals Project Inc. ("Peace Naturals"), to increase production capacity and efficiency. These facilities are now fully operational. Construction of building 4,... More