Net revenue in Q1 2025 increased by 28% year-over-year, 33% year-over-year net revenue growth on a constant currency basis PEACE NATURALS® retained its position as the number one cannabis brand in Israel1 Industry-leading balance sheet with $838 million in total cash and cash equivalents and short-term investments TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), today announced its 2025 first quarter business results. "2025 is shaping up to ...

Core Viewpoint - Christina Lake Cannabis Corp. has successfully closed the first tranche of a non-brokered private placement, raising a total of CDN $1,138,910.55 through the issuance of units, which consist of common shares and warrants [1][2]. Group 1: Offering Details - The first tranche involved the issuance of 22,778,211 units at a price of $0.05 per unit, primarily as a debt settlement for existing convertible debenture holders [2]. - The offering is pending regulatory approval, including acceptance from the Canadian Securities Exchange (CSE), and all securities issued will be subject to a hold period of four months and one day [3]. - The company anticipates completing additional closings by May 30, 2025 [3]. Group 2: Related Party Transactions - Certain directors and officers subscribed for a total of 21,524,011 units, generating gross proceeds of $1,076,200.55, which qualifies as a related party transaction [4]. - The company plans to rely on exemptions from minority shareholder approval and formal valuation requirements due to the transaction's value not exceeding $2,500,000 [4]. Group 3: Company Overview - Christina Lake Cannabis is a licensed cannabis producer in Canada, with facilities covering 32 acres and over 950,000 square feet of outdoor grow space, focusing on high-quality extracts and distillates for B2B clients [6].