Form 6-K Cronos Group Inc. For: May 15

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Go back to Form 6-K Cronos Group Inc. For: May 15

Cronus Corporation (CRON) Reports Q1 Revenues of $2.9M

May 15, 2018 7:06 AM EDT

Cronus Corporation (NASDAQ: CRON) reported Q1 revenues for the quarter came in at $2.9 million.

"We are pleased that the strategic initiatives launched in 2017 are coming to fruition," said Mike Gorenstein, CEO of Cronos Group. "2017 was a building block year which set the groundwork and foundation for the results achieved in the first quarter. Cronos is focused on continuing to increase capacity in order to serve existing distribution and newly established markets, developing intellectual property and launching recreational brands."

First Quarter 2018 Highlights

Sales were $2.9 million for the first quarter of 2018 as compared to... More