Net revenue in Q2 2024 increased by 46% year-over-year to $27.8 million Other Data Cash and cash equivalents(iv) $ 848,189 $ 409,428 $ 438,761 107 % Industry-leading balance sheet with $848 million in cash and cash equivalents Announced expansion of Cronos GrowCo designed to fuel global growth TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos" or the "Company") today announced its 2024 second quarter business results. "Cronos achieved its highest quarterly net ...

To attend the conference call or webcast, participants should register online at https://ir.thecronosgroup.com/events-presentations. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The webcast of the call will be archived for replay on the Company's website. Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. ...

Core Points - Cronos Group Inc. announced that approximately 98.6% of shareholders approved the appointment of Davidson & Company LLP as the independent auditor for fiscal year 2024 during the Annual Meeting of Shareholders [1] - The Board of Directors was authorized to fix the independent auditor's remuneration [1] Company Overview - Cronos is an innovative global cannabinoid company focused on building disruptive intellectual property through cannabis research, technology, and product development [3] - The company aims to responsibly enhance the consumer experience and is developing an iconic brand portfolio, which includes brands like Spinach®, PEACE NATURALS®, and Lord Jones® [3]

Core Points - Cronos Group Inc. announced that approximately 98.6% of shareholders approved the appointment of Davidson & Company LLP as the independent auditor for fiscal year 2024 during the Annual Meeting of Shareholders [1] - The company is focused on building disruptive intellectual property through cannabis research, technology, and product development [2] - Cronos has a diverse international brand portfolio that includes Spinach®, PEACE NATURALS®, and Lord Jones® [2] Voting Results - The results of all matters voted on at the Annual Meeting can be found in the Report of Voting Results filed on the Company's SEDAR+ profile and the Form 8-K filed on EDGAR [3] Investor Relations - For further inquiries, Shayne Laidlaw from Investor Relations can be contacted via phone or email [4]

TORONTO, July 05, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON) ("Cronos" or the "Company") announced today that it will reconvene its 2024 Annual Meeting of Shareholders on Friday, July 19, 2024, at 11:00 a.m. ET. Forward-looking Statements The Company's proxy statement and proxy supplement describing the formal business to be conducted at the meeting and containing detailed instructions about how to participate in the meeting are available on the Investors section of the Company's we ...

Source: Poetra.RH / Shutterstock.com Cronos (CRON) Cronos (NASDAQ:CRON) is among the best names to consider in the industry. It's worth noting that amidst tight regulations, Cronos had remained conservative in terms of expansion. This has translated into a strong cash buffer of $855 million. PACS Group (PACS) The first point to note is that PACS Group has ample headroom for facility expansion in the U.S. Aggressive acquisition of new facilities is likely in the coming years, which will support revenue growt ...

Core Insights - Cronos Group Inc. is expanding its Spinach® brand with new cannabis products, including SOURZ by Spinach® gummies and Spinach Grindz™ milled flower options, aimed at enhancing consumer experience during the summer months [2][3][7] Product Innovations - The SOURZ by Spinach® Fully Blasted gummies now contain 10 mg of THC per piece, with new tropical flavors introduced in the Tropical Party Pack [1][2] - New dual-flavors for gummies include Peach Passionfruit, Pineapple Coconut, and Strawberry Guava, catering to diverse consumer preferences [3] - Spinach Grindz™ offers ready-to-use milled flower options, appealing to value-conscious consumers seeking convenience [7] Market Positioning - The introduction of these products aligns with the growing demand for innovative cannabis offerings in the Canadian market, particularly during the summer season [2][7] - Cronos Group aims to build an iconic brand portfolio and develop disruptive intellectual property through continuous product innovation and research [9]

Core Viewpoint - Cronos Group Inc. is expanding its Spinach® brand with new cannabis products, including SOURZ by Spinach® edibles and Spinach Grindz™ milled flower, to cater to consumer demand during the summer months [1][8]. Product Innovations - The SOURZ by Spinach® Fully Blasted gummies now feature 10 mg of THC per gummy, available in a Tropical Party Pack with bold tropical flavors [2][7]. - Spinach Grindz™ offers ready-to-use milled flower options, appealing to value-conscious consumers seeking convenience, with strains including Citrus Crush and Cookie Dough [2][3][8]. Market Positioning - Cronos Group aims to enhance the consumer experience by continually innovating and providing high-quality cannabis products, positioning itself as a leader in the cannabis market [4][8]. - The company is committed to building a diverse international brand portfolio, which includes Spinach®, PEACE NATURALS®, and Lord Jones® [4].

Company Overview - Cronos Group Inc. is an innovative global cannabinoid company focused on advancing cannabis research, technology, and product development [3] - The company aims to build a disruptive intellectual property portfolio and an iconic brand portfolio, which includes brands like Spinach®, PEACE NATURALS®, and Lord Jones® [3] Shareholder Meeting Results - At the Annual Meeting of Shareholders held on June 20, 2024, shareholders representing 274,097,252 common shares, or 71.75% of the total outstanding shares, voted [5] - All nominated directors were elected with over 93.4% of votes in favor, with individual percentages ranging from 93.44% to 98.71% [1][6] - An advisory resolution on the compensation of named executive officers received 96.19% approval from shareholders [1] Auditor Appointment - The meeting was adjourned to allow the company to complete the search for a successor independent auditor, as the proposal for the appointment was not presented [6] - Shareholders will vote on the appointment of the successor independent auditor and the authorization of the Board to fix the auditor's remuneration at the reconvened meeting [6]

Company Overview - Cronos Group Inc. is an innovative global cannabinoid company focused on advancing cannabis research, technology, and product development [3] - The company aims to build a disruptive intellectual property portfolio and an iconic brand portfolio, which includes brands like Spinach®, PEACE NATURALS®, and Lord Jones® [3] Shareholder Meeting Results - At the Annual Meeting of Shareholders held on June 20, 2024, shareholders representing 71.75% of the total common shares voted, totaling 274,097,252 shares [5] - All nominated directors were elected with over 93.4% of votes in favor, with individual percentages ranging from 93.44% to 98.71% [1][6] - An advisory resolution on the compensation of named executive officers received 96.19% approval from shareholders [1] Auditor Appointment - The meeting was adjourned to allow the company to complete the search for a successor independent auditor, as the proposal for the appointment was not presented [6] - Shareholders will vote on the appointment of the successor independent auditor and the authorization of the Board to fix the auditor's remuneration at the reconvened meeting [6]