Cronos Group Inc. ranks second on the list of 12 Cheap Pot Stocks to Buy According to Hedge Funds. The company is a Canadian global cannabinoid company with brands like Spinach and Lord Jones. They recently invested $30 million in High Tide Inc. to expand their retail presence and enhance market access.

The investment in High Tide is strategic, aiming to improve market penetration and consumer access. The convertible debt structure indicates potential for deeper collaboration. While Cronos Group Inc. shows promise as an investment, some believe AI stocks offer greater upside potential with less downside risk.

Cronos Group Inc. is set to report its Q2 2025 earnings on August 7, with a focus on operational progress and strategic outlook. The company has shown solid revenue growth of 27.6%, reinvesting for growth. Analysts maintain a cautious hold/buy stance on the company.

Read more at Yahoo Finance: Cronos Group Inc. (CRON) Invests $30M in High Tide to Fuel Canadian Cannabis Retail Expansion