The cannabis producer Cronos goes bananas after ‘Mad Money’ host Jim Cramer called it ‘2nd best’ in the industry (CRON)
|01/29/2019||Posted by BusinessMediaguide.Com under General World News||
- Cronos, the Canadian cannabis producer, gained more than 15% Monday after getting an endorsement from the “Mad Money” host Jim Cramer.
- After Friday’s closing bell, Cramer said the company was the “second best” in the industry, behind Canopy Growth.
- Back in December, the cigarette maker Altria invested 2.4 billion Canadian dollars, or $1.8 billion, in Cronos.
- Watch Cronos trade live.
The Canadian cannabis producer Cronos soared Monday, gaining more than 15%, after getting an endorsement following Friday’s closing bell from the “Mad Money” host Jim Cramer.