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

Cronos Group Inc (CVE:MJN)’s share price traded down 1.9% during mid-day trading on Thursday . The company traded as low as C$11.90 and last traded at C$12.15. 1,388,975 shares were traded during 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 Stock Down 1.9 %

The firm’s fifty day simple moving average is C$12.15 and its 200 day simple moving average 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.