Core Insights - Cronos Group Inc. reported a 21% year-over-year increase in net revenue for Q2 2025, reaching $33.5 million, driven by strong sales in Israel and international markets [1][10] - The company maintains a robust balance sheet with $834 million in cash and cash equivalents, providing flexibility for future growth and expansion [1][3] - PEACE NATURALS remains the leading cannabis brand in Israel, achieving record revenue and sales volume due to high demand for medical cannabis [1][16] Financial Performance - Net revenue for Q2 2025 was $33.5 million, an increase of $5.7 million from Q2 2024, attributed to higher cannabis flower sales and the consolidation of Cronos GrowCo [10] - Gross profit for Q2 2025 was $14.5 million, up 130% from the previous year, reflecting improved sales prices and production efficiencies [10][6] - The net loss for Q2 2025 was $38.5 million, a significant increase from the previous year's loss, primarily due to foreign exchange losses [10][36] Market Position and Strategy - Cronos Group's international strategy has led to significant margin improvements, with strong performance in the Canadian market despite supply constraints [2][3] - The Spinach brand achieved a 4.7% market share in Canada, while Lord Jones and PEACE NATURALS continue to perform well in their respective segments [11][14][16] - The company is expanding its presence in international markets, launching PEACE NATURALS in Australia, Malta, and Switzerland [17] Operational Developments - The expansion of Cronos GrowCo is complete, with expected sales contributions beginning in Fall 2025, aimed at fueling growth in both domestic and international markets [18] - Cronos Group made a strategic investment of approximately $18.5 million in High Tide Inc., enhancing its competitive position in the Canadian cannabis retail market [21] Brand Performance - The Spinach brand's gummies maintained a 19.9% market share in the edibles category, showcasing strong consumer loyalty [12] - Lord Jones Chocolate Fusions™ captured a 10.2% market share, reinforcing its position as a leading brand in the chocolate cannabis edible segment [14] - PEACE NATURALS continues to thrive in Israel, supported by advanced cultivation techniques and a strong operational team [16]

TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2025 second quarter earnings conference call on Thursday, August 7, 2025 at 8:30 a.m. ET. Cronos’ senior management team will discuss the Company’s financial results and will be available for questions from the investment community after prepared remarks. To attend the conference call or webcast, participants should register online at https://ir.thecronosgroup.com/events-presenta ...

Core Points - Cronos Group Inc. is an innovative global cannabinoid company focused on advancing cannabis research, technology, and product development [2] - The company is committed to building a diverse international brand portfolio, which includes brands like Spinach, PEACE NATURALS, and Lord Jones [2] - Mike Gorenstein, the Chairman, President, and CEO of Cronos, will speak at the TD Cowen 9th Annual Future of the Consumer Conference on June 4, 2025 [1] Company Overview - Cronos Group is dedicated to creating disruptive intellectual property in the cannabis sector [2] - The company aims to responsibly enhance the consumer experience through its brand portfolio [2] - More information about Cronos and its brands can be found on their official website [2]