The congressional funding bill included a THC cap that effectively bans most hemp products, a move industry leaders say threatens the $28 billion market. More than 300,000 jobs are at risk, with economic impacts expected in states with large hemp sectors, including Kentucky, Texas and Utah, industry experts said.
Bitcoin, Ethereum and other cryptocurrencies were reacting to hopes of interest-rate cuts while President Donald Trump's family is backing smaller crypto Cronos.
Cannabis stocks rallied today over news of possible rescheduling by the Trump administration. Even though Cronos Group Inc. does not have a U.S. entry strategy, its stock price was up 15% on the news. Cronos reported improved financial performance last Thursday with higher revenues and improved international sales.
Cronos Group Inc. (NASDAQ:CRON ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Anna Shlimak - Chief Financial Officer Harrison Aaron - Corporate Participant Michael Ryan Gorenstein - President, CEO & Chairman Operator Good morning. My name is Stephen, and I will be your conference operator today.
Canadian cannabis stocks are gaining momentum this week as the U.S. cannabis market continues to expand. Legal sales in the U.S. are projected to reach nearly $45 billion in 2025. Economic impact is expected to grow even larger, fueling jobs and tax revenue. Currently, adult-use cannabis is legal in over 20 states, while medical programs operate in many more. Recent headlines show renewed interest in federal reform. Lawmakers are once again pushing for rescheduling and broader legalization. In the meantime, local regulatory issues remain in the spotlight. Some U.S. states are revising licensing rules, which adds pressure on retail operators. Despite the challenges, optimism is building among investors. Canadian firms with U.S. exposure may benefit from these developments. Therefore, traders are closely watching for technical breakouts and industry catalysts.
At one time the hype on various cannabis stocks was enough to send the market into an upward frenzy. Now not so much however the perspective on the cannabis sector has changed. A once short-term way to make gains is now looking like a promising long-term investment. There is still a large amount of uncertainty and even more with Donald Trump in office. It has been the success of the legal market that has kept people looking for marijuana stocks to buy.
Cronos Group boasts a strong net cash position nearly equal to its market cap, offering downside protection and operational flexibility. Leading brands like Spinach and Lord Jones have secured top market shares in key cannabis segments, driving consistent revenue growth. The company has achieved free cash flow positivity, signaling the end of its capital-intensive phase and disciplined capital allocation.
Cronos recently reported improved financial performance for Q1-2025. International sales have increased and domestic sales are outpacing supply. The company has a new risk with tariffs in the Israeli medical market.
The current state of marijuana stocks could keep some people discouraged. With no federal reform or bills to ease tax burdens and improve banking access, this has led to a downtrend. A volatile wave of downward trading has plagued the sector for some time. People see that money is being made for legal operators, but still, no one feels as safe and protected as they should be.
Cronos Group Inc. (NASDAQ:CRON ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Terry Doucet - General Counsel & Corporate Secretary Mike Gorenstein - Chairman, President & Chief Executive Officer Anna Shlimak - Chief Financial Officer Conference Call Participants Bill Kirk - ROTH Capital Partners Operator Good morning. My name is Jacinda [ph] and I will be your conference operator today.
Marijuana stocks are torn between two ferns, and this has created a volatile frenzy in the sector. It could be that people feel the cannabis sector will eventually take the behavior of other sectors when in a less volatile space. Uncertainty brings lots of fears doubts, and caution on how to proceed in the future. Now with tariffs in place with China, packaging and other logistics concerns for businesses could lead to deeper issues and problems.
Marijuana stock investors are torn between several paths. With how volatile the space is, much of the sector is trading at low price points. It is almost safe to say that more than half of those who have shares in a cannabis company are down. But that doesn't mean that it will stay that way forever. The overall cannabis industry continues to flourish even though that same success doesn't impact the public sector as it used to.