cronos group inc shares were trading lower monday morning after the company posted a loss in the third quarter with revenue falling shy of analyst expectations at 1004 am et shares were down 87 at 379 canadian dollars us281 the torontobased cannabinoid company reported a net loss of us369 million from a profit of us777 million a year ago the company logged a loss on continuing operations of 10 us cents a share compared with a profit of 21 us cents according to factset analyst consensus expectation was also for a swing to a loss but only to as low as six us cents a share net revenue inched higher to us209 million from us204 million but missed analyst forecasts of a growth to us249 million the company noted that revenue from its us market fell 76 to us514000 as a result of a decrease in promotional spending as it implements its realignment initiatives there meanwhile revenue from its restoftheworld segment its largest rose 11 to us204 million benefiting from growth in israel