Cronos Group(CRON)
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Cronos Group(CRON) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:32
Cronos Group (NasdaqGM:CRON) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsAnna Shlimak - CFOHarrison Aaron - Senior Director of Investor Relations and Corporate DevelopmentMike Gorenstein - Chairman, President, and CEORyan Neal - Equity Research AssociateConference Call ParticipantsBill Kirk - Managing Director and Senior Research AnalystKendrick Tai - Equity Research Analyst of Cannabis and Consumer GrowthPablo Zuanic - Founder, Managing Partner, and Equity Research Analyst of Ca ...
Cronos Group(CRON) - 2025 Q4 - Earnings Call Transcript
2026-02-26 14:32
Cronos Group (NasdaqGM:CRON) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsAnna Shlimak - CFOHarrison Aaron - Senior Director of Investor Relations and Corporate DevelopmentMike Gorenstein - Chairman, President, and CEORyan Neal - Equity Research AssociateConference Call ParticipantsBill Kirk - Managing Director and Senior Research AnalystKendrick Tai - Equity Research Analyst of Cannabis and Consumer GrowthPablo Zuanic - Founder, Managing Partner, and Equity Research Analyst of Ca ...
Cronos Group(CRON) - 2025 Q4 - Annual Report
2026-02-26 12:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K __________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Registrant's telephone number, including area code: 416-504-0004 ____________________________ | Securities registered pursuant to Section 12(b) of the Act: | | | | --- | --- | --- | | Ti ...
Cronos Group(CRON) - 2025 Q4 - Annual Results
2026-02-26 12:36
Exhibit 99.1 Eighth consecutive quarter of record net revenue in Israel, where PEACE NATURALS continues to be the number one cannabis brand ® 1 Industry leading balance sheet with $832 million in cash and cash equivalents and short-term investments TORONTO, February 26, 2026 - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos" or the "Company"), today announced its 2025 fourth quarter and full-year business results. "Cronos delivered record net revenue, gross profit and Adjusted EBITDA in 2025, reflecti ...
Cronos Group Reports 2025 Fourth Quarter and Full-Year Results
Globenewswire· 2026-02-26 12:35
Core Insights - Cronos Group Inc. achieved record net revenue in Q4 2025 and FY 2025, with Q4 revenue increasing by 47% year-over-year to $44.5 million and FY revenue increasing by 25% year-over-year to $146.6 million [1][2][16] - The company reported strong performance driven by consumer demand, expansion at Cronos GrowCo, and contributions from international markets [2][3] - The company maintains a robust balance sheet with $832 million in cash and cash equivalents and short-term investments [1] Financial Performance - Q4 2025 net revenue of $44.5 million increased by $14.2 million from Q4 2024, primarily due to higher cannabis flower sales in Israel and other countries [10] - Gross profit for Q4 2025 was $16.2 million, an increase of $5.4 million from Q4 2024, driven by higher average sales prices and sales volumes [10] - For FY 2025, gross profit reached $62.8 million, up $37.6 million from FY 2024, attributed to lower inventory step-up costs and higher sales prices [16] Brand and Market Position - The Spinach brand maintained a strong position in Canada, ranking 2 overall and 4 in the flower category with a market share of 5.1% [11] - SOURZ by Spinach led the edibles category with a market share of 21.7% in Q4 2025, continuing to innovate with new product launches [12] - PEACE NATURALS consistently ranked as the top cannabis brand in Israel, achieving record sales volume and revenue throughout 2025 [15] International Expansion - The PEACE NATURALS brand expanded into new international markets, including Australia, Malta, and Switzerland, significantly increasing its global footprint [17] - International revenue outside Israel grew by 68% year-over-year in Q4 2025, reflecting strong demand and normalized shipment timing [17] Strategic Acquisition - Cronos Group entered into an agreement to acquire CanAdelaar B.V. for approximately $67 million, which will enhance its strategic footprint in Europe and leverage its borderless product strategy [22][24] - CanAdelaar operates a significant greenhouse facility and has rapidly grown its market share in the Dutch cannabis market, achieving net revenue of $47.3 million in the twelve months ended September 30, 2025 [23] Operational Updates - The company reported a net loss of $0.5 million in Q4 2025, a significant decrease from net income of $43.9 million in Q4 2024, primarily due to foreign currency transaction losses [10] - Adjusted EBITDA for FY 2025 improved by $45.1 million to $10.1 million, driven by higher adjusted gross profit and lower operating expenses [16]
Are Canadian Cannabis Stocks Ready to Rebound? 3 Names to Watch
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2026-02-24 15:00
Top 3 Canadian Cannabis Stocks to Watch in February 2026The Canadian cannabis sector continues to evolve in early 2026. Although volatility remains, investor interest is returning. Regulatory discussions in the United States are once again gaining momentum. Because of that, Canadian operators with U.S. exposure are drawing attention. Many investors are watching companies positioned for cross-border expansion.Canada remains a mature recreational market. However, growth there has slowed compared to earlier ye ...
Cronos Launches New All-in-One Vape, Spinach PUFFERZ™
Globenewswire· 2026-02-17 12:30
Core Viewpoint - Cronos Group Inc. has launched Spinach PUFFERZ™, an all-in-one vape device that combines high-quality cannabis with liquid diamonds, aimed at modern cannabis consumers seeking functionality and design [1][2][3] Product Features - Spinach PUFFERZ™ is designed with a palm-style hardware, featuring a squishy grip, dual ceramic coil for enhanced flavor, a boost button for temperature control, and a battery meter [2] - The product will be available in three flavors: Pineapple Coconut (Indica), Sour Blue Razz (Hybrid), and Tropical AF (Sativa), each infused with liquid diamonds and delivering 98.1% THC [3][10] Market Positioning - Cronos aims to strengthen its leadership in the Canadian cannabis market through product quality, innovation, and brand loyalty [3] - The launch of Spinach PUFFERZ™ is positioned to capitalize on the growing momentum in the all-in-one vape category, with a commitment to delivering memorable products [3][4] Availability - Spinach PUFFERZ™ is currently available in Alberta, British Columbia, and Ontario, with plans for national availability by April 2026 [4] Company Overview - Cronos Group Inc. is focused on advancing cannabis research, technology, and product development, with a diverse brand portfolio that includes Spinach, PEACE NATURALS, and Lord Jones [5]
Arctic Real Estate and Peace Boards: The Art of the Market Whiplash
Stock Market News· 2026-02-16 18:00
Geopolitical Developments - The "Trump Trade" has transformed into a complex scenario involving Arctic land acquisitions, Middle Eastern reconstruction, and digital currency ETFs as of February 16, 2026 [1] - Danish Prime Minister Mette Frederiksen confirmed that Donald Trump is serious about acquiring Greenland, despite the Danish government's stance that it is not for sale [2] Market Reactions - Investors in NEM and FCX are showing interest in Greenland's mineral reserves, with NEM up 0.8% and FCX up 1.4% [2] - Defense contractors LMT and NOC experienced minor dips of 0.4% and 0.2% respectively as the market assessed the implications of Arctic defense [3] - The Danish Krone increased by 0.3% against the dollar amid speculation about a potential Greenland deal [4] Infrastructure and Investment - The formation of a "Board of Peace" has led to $5 billion in pledges for Gaza reconstruction, positively impacting shares of CAT and VMC, which rose by 2.1% and 1.8% respectively [5] - The announcement of the Board of Peace has generated optimism in the VGK ETF, which tracks European stocks, as it represents a significant international investment [6] Cryptocurrency Developments - Truth Social has filed for Bitcoin, Ether, and Cronos ETF listings, causing Bitcoin to rise by 2.5% and briefly reach $72,000 [7] - DJT shares fell by 4.2% as investors recognized the challenges of ETF approval despite the positive market reaction to the filing [8] Trade Policy Changes - The House of Representatives voted to eliminate punitive tariffs on Canada, leading to a 3.1% increase in GM shares and a 2.7% increase in Ford shares [9] - The Canadian Dollar rose by 0.8% against the USD following the tariff vote, indicating a temporary easing of trade tensions [10] Market Sentiment - The DOW increased by 0.2% while the NASDAQ decreased by 0.1%, reflecting a cautious market attitude amid ongoing geopolitical and economic developments [12]
Canaccord is Bullish on Cronos Group Inc. (CRON)
Insider Monkey· 2026-02-16 05:06
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...
The Art of the Tariff: How One Truth Social Post Wiped $200B Off the NASDAQ
Stock Market News· 2026-02-15 18:00
It is a hallmark of the 2026 economic landscape that the most influential financial document in the world is no longer the Federal Reserve’s Beige Book, but rather a Sunday afternoon post on Truth Social. On February 15, 2026, President Trump reminded investors that while the “Board of Peace” is busy raising billions for international reconstruction, the domestic markets are still very much subject to the “Board of Volatility.” Between a $5 billion pledge for Gaza and a casual threat to double the cost of e ...