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This Canadian Marijuana Stock’s Gross Profit Soared 466% in Q2 — The Motley Fool

The Ascent is The Motley Fool’s new personal finance brand devoted to helping you live a richer life.. This Canadian Marijuana Stock’s Gross Profit Soared 466% in Q2. The Canadian marijuana.

The Canadian marijuana grower’s Q1 results in May were mixed, but this time around Cronos had mainly good news. The most spectacular growth reported by Cronos Group in Q2 was its fantastic 466% year-over-year increase in gross profit.

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CannTrust stock (CNSX:TRST) is a high-growth marijuana stock with great fundamentals. It has become Canada’s marijuana unicorn and promises triple-digit gains in 2018.

The Canadian grower gets hit with a report of noncompliance from the country’s pot regulator. Uncertainty in the cannabis space weighed on marijuana stocks. The Motley Fool. Several factors helped this company’s stock to fly high in the first half of the year, but one figured more prominently.

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Four Canadian marijuana stocks stand as the largest in terms of sales and market cap: Canopy Growth Corporation (NASDAQOTH: TWMJF) , Aurora Cannabis (NASDAQOTH: ACBFF) , MedReleaf (NASDAQOTH: MEDFF) , and The Motley Fool has no position in any of the stocks mentioned.

But there are even more important things you’ll want to know about Cronos Group’s Q2 results.. This Canadian Marijuana Stock’s Gross Profit Soared 466% in Q2. 2018 markets motley fool.

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This Canadian Marijuana Stock’s Gross Profit Soared 466% in Q2.. The Canadian marijuana grower’s Q1 results in May were mixed, More From The Motley Fool . The Best Marijuana Stocks to Buy.

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Investors love impressive growth numbers. cronos Group (NASDAQ: CRON) certainly had several of them to report in its second-quarter update announced before the market opened on Tuesday. The Canadian marijuana grower’s Q1 results in May were mixed, but this time around Cronos had mainly good news.