Cronos Group Inc vs NextEra Energy, Inc. — how do they compare? Cronos Group Inc trades at $3.08 (market cap $1.14B), while NextEra Energy, Inc. trades at $85.83 (market cap $178.85B). The key difference: NextEra Energy, Inc. is far larger — about 156.9× Cronos Group Inc's market cap, and NextEra Energy, Inc. pays a 2.91% dividend while Cronos Group Inc pays none. Which is the better fit depends on your goals.
| CRON | NEE | |
|---|---|---|
Market Cap | $1.14B | $178.85B |
Sector | Health | Utilities |
52-Week High | $3.27 | $97.88 |
52-Week Low | $2.30 | $69.77 |
Enterprise Value | $341.13M | $286.18B |
Dividend Yield | — | 2.91% |
Trailing returns across standard periods
Latest headlines on both assets
Cronos Group, headquartered in Toronto, Canada cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis to Poland and Germany. In addition, it has entered joint ventures in Israel, Colombia, and Australia to drive further international cultivation and distribution growth. In the U.S. the company directly sells hemp-derived CBD and has an option to acquire 10.5% of U.S. multistate operator PharmaCann.
Read more on CRON →NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →