Exclusive: Altria-backed cannabis producer Cronos explores sale -sources

Cronos Group Inc , the Canadian cannabis producer backed by cigarette maker Altria Group Inc , is exploring options that include a potential sale after attracting acquisition interest, according to people familiar with the matter.

Timeline of Cronos

In a significant stride towards cryptocurrency normalization, Cryptocom has secured its Virtual Asset Service Provider (VASP) registration from the Bank of Spain. The digital asset platform received this green light after thoroughly demonstrating its adherence to Anti-Money Laundering Directives (AMLD) and other financial crime laws, including comprehensive user safeguards.

Contention has arisen over Cryptocom, the acclaimed cryptocurrency exchange, as the discovery of the platform's internal trading activities sparks debate over potential conflicts of interest in the digital assets sector. Emerging controversy at Cryptocom over internal trading Operational out of Singapore, Cryptocom stands tall as one of the world's top ten cryptocurrency marketplaces.

When it comes to Dogecoin, there doesn't seem to be much movement. Viewing the official account dedicated to the memecoin par excellence, the last tweets date back to April, a full two months ago.

CRO, the native token of the Cronos blockchain, an open-source, interoperable, and Cosmos-based platform, a centralized crypto asset exchange, is steady despite some community members fearing that the United States Securities and Exchange Commission (SEC), the primary securities regulator in that country, could soon target Crypto.com, the crypto exchange and developer of the blockchain. CRO Stabilizes Despite Fears The SEC Might Sue Crypto.com As of writing on June 8, CRO is trading at $0.05889, stable in the last 24 hours against the USD, Bitcoin, and Ethereum.

Cronos Labs has recently announced the launch of its second cohort for its accelerator program. With a substantial $100 million investment, the program aims to support early-stage cryptocurrency projects by offering mentorship and funding opportunities.

Global blockchain technology company and start-up accelerator Cronos Labs announced that it will participate as the main blockchain network partner of the ‘Seoul Web 3.0 Festival 2023' (SWF2023), organized by the Seoul Metropolitan Government.

Cronos (CRO) has joined the league of high-performing altcoins after soaring as high as 11.24% over the past 24 hours to $0.07841. The growth of the CRO token is even more pronounced over the week-to-date (WTD) period, during which it has added to its overall valuation with more than 15% growth.

Amazon Web Services (AWS), a cloud computing platform and a subsidiary of e-commerce giant Amazon, is partnering with Cronos Labs, the development team behind Cronos Chain; to scale and grow web3 startups through the Cronos Accelerator Program.

The native token of Crypto.com is soaring after unveiling a new partnership with Amazon Web Services. In an announcement on LinkedIn, Amazon says that it is partnering up with Cronos to support Web3 start-ups, including decentralized finance (DeFi) and infrastructure.

Crypto.com (CRO) price went parabolic on Wednesday after the developers announced a new partnership with Amazon AWS. Cronos token jumped to a high of $0.076, the highest point since March 2. In all, the coin has jumped by more than 21% from the lowest level in March.