Cronos Group Inc.

Cronos Group Inc. is an innovative global cannabinoid company dedicated to advancing cannabis research, technology, and product development. The company focuses on building disruptive intellectual property and cultivating a diverse portfolio of cannabis products, with a mission to responsibly elevate the consumer experience and establish an iconic brand presence. Headquartered in Toronto, Ontario, Canada, Cronos Group aims to lead the emerging cannabis industry through a commitment to product quality, transparent practices, and responsible consumption for adult consumers.

Cronos Group's product offerings include dried flowers, pre-rolls, oils, vaporizers, edibles, and tinctures, catering to adult recreational, wellness, and medical cannabis markets. The company markets its products under a diverse international brand portfolio that includes Spinach®, PEACE NATURALS®, LIT™, and Lord Jones®. Operating across Canada, Israel, Germany, Australia, and other international markets, Cronos Group emphasizes minor-cannabinoid innovation to craft purposeful and flavor-forward cannabis experiences.

Under the leadership of CEO and Chairman Mike Gorenstein, Cronos Group reported Q1 2026 net revenue of $45.2 million, marking a 40% year-over-year increase, alongside a net income of $15.7 million. The company's Spinach® vape brand achieved the number one selling position in Canada's vape market in April 2026, holding a 10.4% market share. Cronos Group maintains a strong financial position with approximately $821.9 million in cash and cash equivalents and no debt, and has announced a new $50 million share repurchase program. The company is also actively expanding its European footprint, with an extended timeline for the acquisition of CanAdelaar B.V., the Netherlands' largest cannabis producer, pending regulatory approvals.