TORONTO (AP) _ Cronos Group Inc. (CRON) on Tuesday reported a fourth-quarter loss of $8.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Toronto-based company said it had a loss of 5 cents.
The cannabis company posted revenue of $4.2 million in the period.
For the year, the company reported a loss of $14.6 million, or 8 cents per share, swinging to a loss in the period. Revenue was reported as $12.1 million.
Cronos shares have climbed 98 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
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