--- title: Why Cronos, Curaleaf, Green Thumb, and More Cannabis Stocks Are Spiking Today description: Cannabis stocks surge as Chris Christie hints at marijuana descheduling under Trump, boosting industry prospects. Cronos Group rallies on strong Q3 earnings. image: https://420intel.com/hubfs/AI-Generated%20Media/Images/cannabis%20stocks.jpeg --- [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) ### Press ESC to close [![420intel.com](https://420intel.com/hs-fs/hubfs/Asset%2016-1.png?width=300&height=162&name=Asset%2016-1.png "420intel.com")](https://420intel.com) - [Home](https://420intel.com) - [Advertise](https://420intel.com/advertise) - [Directory](https://420intel.com/directory) - [Topics](https://420intel.com/blog) - [Recreational News](https://420intel.com/blog/tag/recreational-cannabis-news) - [Business News](https://420intel.com/tag/cannabis-business-news) - [Politics](https://420intel.com/tag/cannabis-politics) - [Technology](https://420intel.com/tag/cannabis-technology-news) - [Research](https://420intel.com/tag/medical-cannabis-news) - [Contact](https://420intel.com/contact-us) - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/company/420-intel/) - [Follow us on Twitter](https://x.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) # Why Cronos, Curaleaf, Green Thumb, and More Cannabis Stocks Are Spiking Today - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) - 13 November 2024 Cannabis stocks got a shot in the arm today after former New Jersey governor Chris Christie said in an interview that President-elect Donald Trump’s pro-business agenda would most likely include descheduling marijuana, which would be a broadly positive development across the industry from a labor, banking, and taxation standpoint. Multi-state operators (MSOs), in particular, are benefiting from the reports, with Verano Holdings (VRNOF) up 21%, Cresco Labs (CRLBF) up 17%, Green Thumb (GTBIF) up 15%, and Curaleaf (CURLF) also adding 15%. As for Cronos Group (CRON), the Toronto-based company is joining in the rally after beating Wall Street’s Q3 earnings estimates. CRON reported earnings of $0.02 per share on revenue of $34.26 million, up 38% from the year-ago period, while analysts were looking for a breakeven per-share result on revenue of $30.56 million. Cronos ended Q3 with a cash balance of $862 million. CRON is on pace for its biggest daily gain since April, but faces a potentially stiff hurdle in the form of its overhead 200-day moving average, which has so far capped today’s highs.  ![](https://barchart-news-media-prod.aws.barchart.com/SIGAI/da65fde65a35548d7e6ca39a0b3c6c3f/cfkgcgif3vngqed2.png)   [by Barchart](https://www.barchart.com/story/news/29538499/why-cronos-curaleaf-green-thumb-and-more-cannabis-stocks-are-spiking-today) [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) ![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=200&height=200&name=Buzz-No%20Outline-2.png) #### [Buzz](https://420intel.com/blog/author/buzz) At 420 Intel, we cover cannabis legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between. - - - [Cannabis Politics](https://420intel.com/blog/tag/cannabis-politics) [![Chris Christie Says Trump Will Remove Federal Restrictions On Marijuana, Find 'Sweet Spot' For Crypto Regulation](https://420intel.com/hs-fs/hubfs/AI-Generated%20Media/Images/An%20image%20of%20Chris%20Christie%20discussing%20cannabis%20regulation%20and%20cryptocurrency%20adoption%20under%20a%20new%20Trump%20administration.jpeg?width=550&height=395&name=An%20image%20of%20Chris%20Christie%20discussing%20cannabis%20regulation%20and%20cryptocurrency%20adoption%20under%20a%20new%20Trump%20administration.jpeg)](https://420intel.com/blog/chris-christie-says-trump-will-remove-federal-restrictions-on-marijuana-find-sweet-spot-for-crypto-regulation) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 13 November 2024 #### [Chris Christie Says Trump Will Remove Federal Restrictions On Marijuana, Find 'Sweet Spot' For Crypto Regulation](https://420intel.com/blog/chris-christie-says-trump-will-remove-federal-restrictions-on-marijuana-find-sweet-spot-for-crypto-regulation) "The U.S. government has got to get its act together and decide what it really thinks on this... [Cannabis Politics](https://420intel.com/blog/tag/cannabis-politics) [![Marijuana activist accused of not reporting $2.5M in sales, faces huge tax penalties](https://420intel.com/hs-fs/hubfs/Imported_Blog_Media/Marijuana%20activist%20accused%20of%20not%20reporting%20$2_5M%20in%20sales%2c%20faces%20huge%20tax%20penalties.png?width=550&height=395&name=Marijuana%20activist%20accused%20of%20not%20reporting%20$2_5M%20in%20sales%2c%20faces%20huge%20tax%20penalties.png)](https://420intel.com/blog/marijuana-activist-accused-not-reporting-25m-sales-faces-huge-tax-penalties) - [Admin](https://420intel.com/blog/author/admin) - 7 March 2024 #### [Marijuana activist accused of not reporting $2.5M in sales, faces huge tax penalties](https://420intel.com/blog/marijuana-activist-accused-not-reporting-25m-sales-faces-huge-tax-penalties) ## Ottawa says Chris Enns 'deliberately structures' finances so it can't determine taxable income. In... [Cannabis Business News](https://420intel.com/blog/tag/cannabis-business-news) [![Chris Almada Wins Dover Council Nomination!](https://420intel.com/hs-fs/hubfs/AI-Generated%20Media/Images/The%20image%20depicts%20a%20vibrant%20town%20council%20meeting%20in%20Dover%20New%20Jersey%20filled%20with%20engaged%20attendees%20In%20the%20foreground%20Chris%20Almada%20a%20middleaged%20man%20with%20a%20warm%20smile%20and%20casual%20attire%20stands%20at%20a%20podium%20passionately%20addressing%20the%20crowd%20Behind%20him%20a%20d.jpeg?width=550&height=395&name=The%20image%20depicts%20a%20vibrant%20town%20council%20meeting%20in%20Dover%20New%20Jersey%20filled%20with%20engaged%20attendees%20In%20the%20foreground%20Chris%20Almada%20a%20middleaged%20man%20with%20a%20warm%20smile%20and%20casual%20attire%20stands%20at%20a%20podium%20passionately%20addressing%20the%20crowd%20Behind%20him%20a%20d.jpeg)](https://420intel.com/blog/chris-almada-wins-dover-council-nomination) - [![Buzz](https://420intel.com/hs-fs/hubfs/Buzz-No%20Outline-2.png?width=80&height=80&name=Buzz-No%20Outline-2.png) Buzz](https://420intel.com/blog/author/buzz) - 20 June 2025 #### [Chris Almada Wins Dover Council Nomination!](https://420intel.com/blog/chris-almada-wins-dover-council-nomination) Longtime cannabis advocate Chris Almada won the Democratic nomination to be the Dover 3rdWard Town... - [Follow us on Facebook](https://www.facebook.com/420intel) - [Follow us on LinkedIn](https://www.linkedin.com/420intel) - [Follow us on Twitter](https://twitter.com/420intel) - [Follow us on Instagram](https://www.instagram.com/420intel) Back to Top ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Buzz", "url" : "https://420intel.com/blog/author/buzz" }, "dateModified" : "2024-11-13T13:18:55.130Z", "datePublished" : "2024-11-13T13:18:55.000Z", "headline" : "Why Cronos, Curaleaf, Green Thumb, and More Cannabis Stocks Are Spiking Today", "image" : [ "https://420intel.com/hubfs/AI-Generated%20Media/Images/cannabis%20stocks.jpeg" ], "mainEntityOfPage" : { "@id" : "https://420intel.com/blog/why-cronos-curaleaf-green-thumb-and-more-cannabis-stocks-are-spiking-today", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://420intel.com/hubfs/Asset%2016.png" }, "name" : "420 Intel" } } ```