Cronos Group Inc vs Otis Worldwide Corp — how do they compare? Cronos Group Inc trades at $3.08 (market cap $1.14B), while Otis Worldwide Corp trades at $73 (market cap $27.80B). The key difference: Otis Worldwide Corp is far larger — about 24.4× Cronos Group Inc's market cap, and Otis Worldwide Corp pays a 2.41% dividend while Cronos Group Inc pays none. Which is the better fit depends on your goals.
| CRON | OTIS | |
|---|---|---|
Market Cap | $1.14B | $27.80B |
Sector | Health | Industrials |
52-Week High | $3.27 | $93.62 |
52-Week Low | $2.30 | $69.34 |
Enterprise Value | $341.13M | $35.84B |
Dividend Yield | — | 2.41% |
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 →Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →