Cronos Australia Limited (ASX:CAU)

Rodney Cocks
Market Cap (AUD): 140.41M
Sector: Health Care
Last Trade (AUD): 0.26 +0.01 (+1.96%)
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1. About

Cronos Australia Limited (ASX:CAU) is aiming to become a leading health and wellness company in the AsiaPacific region through the creation and distribution of premium medical and consumer cannabinoid products and services.

The Company’s largest shareholder is Cronos Group Inc. (NASDAQ:CRON; TSX:CRON).

  • Cronos Australia distributes the PEACE NATURALS™ and Adaya ranges of medicinal cannabis products nationwide in Australia through medical practitioners via the Special Access Scheme, Authorised Prescribers or Clinical Trials
  • Cronos Australia has a 51% interest in Cannadoc Health Pty Ltd, a medicinal cannabis clinic business that undertakes face-to-face and nationwide telehealth consultations with patients seeking access to medicinal cannabis
  • Cronos Australia has established operations in Hong Kong and Japan for the development of ranges of cannabinoid brands and products and their distribution into global consumer markets
  • Cronos Australia has a 50/50 joint venture with A&S Branding, the founders of Sukin Natural Skincare, for the development of CBD products for sale in domestic and export markets.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk