CAU – Cronos Australia Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.65

Low: 0.65

High: 0.65

Total Analysts: 1

Company Profile

Cronos Australia Limited is an Australia-based company, which provides medicinal cannabis products. The Company is engaged in developing a range of cannabinoid-based and related brands, and selling the resulting products in Australia and targeting export markets, including Japan and Hong Kong, as well as expanding Cannadoc Health Pty. Ltd., its medical clinic business in Australia and New Zealand. The Company operates through three segments: Medical, Clinics and Consumer. The Medical segment is involved in the sale of medicinal cannabis products. The Clinics segment is involved in the operation of medicinal cannabis clinics. The Consumer segment is involved in the sale of consumer products. Its medicinal cannabis products include GMP certified medicinal cannabis oils. Its Cannadoc Medicinal Cannabis Clinic business is located in Melbourne, Australia and Wellington, New Zealand. The clinics conduct patient consultations face-to-face and nationwide via telehealth.

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