Cronos Group Just Took a Big Leap Overseas

Somewhat atypically for a marijuana stock, Cronos Group's (NASDAQ: CRON) latest growth initiative isn't an acquisition -- it's an initial public offering (IPO).

Yes, the company is already listed on the Toronto Stock Exchange and the Nasdaq, and no, it didn't float a pack of new shares on either. Rather, the company's latest stock market adventure took place far overseas. Here's the skinny about Cronos' recent involvement in an IPO, and why you might not be familiar with it.

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Source Fool.com