Cronos Launches New All-in-One Vape, Spinach PUFFERZ™

Rhea-AI Summary

Cronos (NASDAQ: CRON) launched Spinach PUFFERZ™, a 1g all‑in‑one vape infused with liquid diamonds and delivering 98.1% THC. The palm‑style device features a squishy exterior, dual ceramic coil, boost button and battery meter. Three flavors debut now in Alberta, British Columbia and Ontario; national availability by April 2026.

The product targets modern cannabis consumers seeking design, flavor and convenience under the Spinach brand.

Key Figures

Vape fill size: 1g THC potency: 98.1% THC Launch flavors: 3 flavors +1 more

4 metrics

Vape fill size 1g Spinach PUFFERZ all-in-one vapes

THC potency 98.1% THC Spinach PUFFERZ all-in-one vapes

Launch flavors 3 flavors Initial Spinach PUFFERZ lineup

National rollout timing April 2026 Planned Canada-wide availability

Market Reality Check

Price: $2.60 Vol: Volume 747,112 vs 20-day ...

low vol

$2.60 Last Close

Volume Volume 747,112 vs 20-day average 1,415,683 (relative volume 0.53) shows trading below typical activity ahead of this launch. low

Technical Price $2.60 is trading above the 200-day MA at $2.39, indicating an existing upward bias before this product news.

Peers on Argus

Peers show mixed, mostly modest moves: TLRY -0.13%, DVAX +0.06%, EVO +0.57%, AKB...

Peers show mixed, mostly modest moves: TLRY -0.13%, DVAX +0.06%, EVO +0.57%, AKBA -10.37%, PCRX +1.40%. No peers appeared in the momentum scanner and there were no same-day peer headlines, suggesting this vape launch is stock-specific rather than part of a sector-wide move.

Historical Context

5 past events · Latest: Feb 12 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 12	Earnings call notice	Neutral	-1.5%	Scheduled 2025 Q4 and full-year earnings conference call for Feb 26, 2026.
Feb 02	International launch	Positive	+0.0%	Launched premium Lord Jones cannabis brand in Israel with five indoor-grown strains.
Dec 09	Acquisition deal	Positive	+8.9%	Agreed to acquire CanAdelaar B.V., largest company in Netherlands adult-use pilot.
Nov 25	Product launch	Positive	+0.8%	Introduced Lord Jones Live Resin Fusions pre-rolls in Canada targeting 42%+ THC.
Nov 06	Earnings results	Positive	+0.8%	Reported Q3 2025 revenue growth, higher gross profit and positive adjusted EBITDA.

Pattern Detected

Recent expansion and product launches (Israel entry, Lord Jones products) generally saw flat-to-positive price reactions, while the earnings call scheduling drew a modest negative move.

Recent Company History

Over the last six months, Cronos has focused on geographic and product expansion alongside improving fundamentals. Q3 2025 results showed $36.3M net revenue, positive adjusted EBITDA and strong liquidity, which were followed by new premium product launches in Canada and Israel. The December 2025 acquisition of CanAdelaar B.V. expanded Cronos into the Netherlands adult-use market with a €57.5M deal. The new Spinach PUFFERZ™ vape fits this pattern of brand- and format-driven innovation under the Spinach® and Lord Jones portfolios.

Market Pulse Summary

This announcement introduces Spinach PUFFERZ™, a new all-in-one 1g vape line under Cronos’s Spinach®...

Analysis

This announcement introduces Spinach PUFFERZ™, a new all-in-one 1g vape line under Cronos’s Spinach® brand, featuring liquid diamonds and 98.1% THC potency in three flavors with planned national availability by April 2026. It continues a strategy of premium, differentiated product launches seen with Lord Jones offerings and international expansion. Investors may track how this format performs within Canada’s growing all-in-one category and how it complements Cronos’s broader revenue and margin trajectory.

Key Terms

all-in-one (aio) vape, liquid diamonds, hybrid, sativa, +2 more

6 terms

all-in-one (aio) vape technical

"announced today the launch of its newest all-in-one (AIO) vape, Spinach PUFFERZ™."

An all-in-one (AIO) vape is a single handheld electronic device that integrates the battery, heating element and e-liquid container into one compact unit, like a coffee maker that comes preassembled instead of separate parts you must combine. Investors watch AIOs because they often cost less to manufacture, are easier for consumers to use, and face distinct sales patterns and regulatory risks compared with modular vaping products, affecting revenue, margins and compliance exposure.

liquid diamonds technical

"high-quality cannabis infused with liquid diamonds in a convenient all-in-one device."

Liquid diamonds are a type of advanced financial asset that combines the qualities of high value and easy convertibility into cash. They are designed to be as rare and valuable as real diamonds but can be quickly bought or sold, offering investors both prestige and liquidity. This makes them attractive for those seeking to preserve wealth while maintaining flexibility to access funds when needed.

hybrid medical

"Spinach PUFFERZ™ Sour Blue Razz (Hybrid) Inspired by a strain with Blue CKS"

A hybrid is a combination of two different things designed to work together, often to improve performance or offer new benefits. For investors, it can mean an asset or strategy that blends features from different types of investments, aiming to reduce risk or increase potential returns. This mix helps create a balanced approach, offering both stability and growth opportunities.

sativa medical

"Spinach PUFFERZ™ Tropical AF (Sativa) Inspired by a strain with Pink Rozay"

Sativa is a group of cannabis plants and product types commonly associated with energizing, wakeful effects versus the more sedating varieties; it’s often used on labels to signal how a cannabis product might make a user feel. For investors, sativa matters because it helps determine product positioning, consumer demand, regulatory labeling and pricing—think of it like choosing a bold coffee roast that targets a morning crowd rather than an evening decaf.

indica medical

"Spinach PUFFERZ™ Pineapple Coconut (Indica) Inspired by a strain with LA Cush"

Cannabis indica is one of the primary types of cannabis plants, typically shorter and bushier with broad leaves, and is commonly associated with calming or sedating effects because of its typical mix of chemical compounds. For investors, indica matters because it helps define product categories, consumer demand, cultivation costs and facility needs — like choosing between dark-roast and light-roast coffee varieties, different plant types can command different prices, margins and retail positions.

dual ceramic coil technical

"a dual ceramic coil for maximum flavor and smooth draws, a boost button"

A dual ceramic coil is a type of heating element commonly used in small consumer devices (for example, vaporizer cartridges) that combines two thin heating coils embedded in or wrapped around a ceramic structure. The ceramic acts like a gentle, even hotplate while the paired coils provide faster, more consistent heating and longer life; for investors, this matters because it can improve product performance, user satisfaction, manufacturing cost and regulatory/safety profiles, all of which affect sales and margins.

AI-generated analysis. Not financial advice.

Spinach PUFFERZ™ delivers a flavorful experience combining high-quality cannabis with a sleek tactile design, enhanced with liquid diamonds

TORONTO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, announced today the launch of its newest all-in-one (AIO) vape, Spinach PUFFERZ™. The latest innovation under Cronos’ Spinach^® brand brings together high-quality cannabis infused with liquid diamonds in a convenient all-in-one device.

Crafted for modern cannabis consumers who value functionality and design, Spinach PUFFERZ™ offers a seamless way to enjoy high-quality cannabis vape extracts and bold flavors. Every design element was carefully considered to deliver a differentiated experience. Spinach PUFFERZ™ is Cronos' first AIO vape featuring the increasingly popular palm-style hardware. The device boasts a uniquely satisfying squishy grip with a puffy exterior, a dual ceramic coil for maximum flavor and smooth draws, a boost button for temperature control, and a battery meter to indicate when a charge is needed.

“Our leadership in the Canadian cannabis marketplace is driven by our relentless pursuit of excellence in product quality, innovation, and differentiation,” said Mike Gorenstein, Chairman, President and CEO of Cronos. “We are focused on building brand loyalty with fantastic products, and our newest all-in-one vape is a device that looks, feels, and tastes great. The launch of Spinach PUFFERZ™ demonstrates our ability to continuously find new ways to innovate and create new cannabis experiences.”

Spinach PUFFERZ™ all-in-one 1g vapes will launch in three flavors, each infused with liquid diamonds and delivering 98.1% THC:

• Spinach PUFFERZ™ Sour Blue Razz (Hybrid)
  • Inspired by a strain with Blue CKS x Mendobreath lineage and featuring berry and citrus flavor notes
• Spinach PUFFERZ™ Tropical AF (Sativa)
  • Inspired by a strain with Pink Rozay and White Runtz lineage and featuring tropical and fruity flavor notes
• Spinach PUFFERZ™ Pineapple Coconut (Indica)
  • Inspired by a strain with LA Cush CK and Coco Milk lineage and featuring a combo of fruity and vanilla flavor notes

“Our teams have been unwavering in their commitment to elevating our vape portfolio with products and flavors that truly connect with consumers,” said Jeff Jacobson, Chief Growth Officer, Cronos. “We’re incredibly excited to introduce a standout innovation like Spinach PUFFERZ™ at a time when the all‑in‑one category is experiencing remarkable momentum. As one of Canada’s leading cannabis vape brands, we’re proud to help shape the category and remain dedicated to delivering memorable products that keep Spinach^® top‑of‑mind with cannabis consumers,” Mr. Jacobson added.

Available now in Alberta, British Columbia, and Ontario, Spinach PUFFERZ™ will be available nationally by April 2026. For more information and product availability, visit https://spinachcannabis.com/. To learn more about Spinach PUFFERZ™ and stay up-to-date on Spinach^® products, follow @spinachwithfriends on Instagram.

About Cronos Group Inc.
Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos’ diverse international brand portfolio includes Spinach^®, PEACE NATURALS^® and Lord Jones^®. For more information about Cronos and its brands, please visit: thecronosgroup.com.

Forward-looking Statements 
This press release may contain information that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws and court decisions (collectively, “Forward-looking Statements”). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. Some of the Forward-looking Statements contained in this press release include statements about future product availability and rollout timing; market trends and demand in the all-in-one cannabis vape category; brand positioning, growth, and leadership; innovation strategy and execution; and anticipated consumer response to Spinach PUFFERZ™; and the Company’s intention to build an international iconic brand portfolio and develop disruptive intellectual property by advancing cannabis research, technology and product development. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks. Financial results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and the Company’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025, each of which have been filed on SEDAR+ and EDGAR and can be accessed at www.sedarplus.ca and www.sec.gov/edgar, respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement.

For further information, please contact: 

Media Relations Contact: 
Emily Whalen 
Communications 
Tel: (416) 504-0004 
media.relations@thecronosgroup.com  

Investor Relations Contact:
Harrison Aaron 
Investor Relations 
Tel: (416) 504-0004 
investor.relations@thecronosgroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1336a52e-140a-459b-b7a1-cb871250d7f6

FAQ

What is Spinach PUFFERZ™ from Cronos (CRON) and when did it launch?

Spinach PUFFERZ™ is a 1g all‑in‑one vape from Cronos that launched on February 17, 2026. According to the company, the device combines palm‑style hardware, liquid diamonds infusion and bold flavors aimed at modern cannabis consumers.

What are the THC levels and formulation details of Spinach PUFFERZ™ (CRON)?

Spinach PUFFERZ™ vapes deliver 98.1% THC and are infused with liquid diamonds. According to the company, each 1g AIO cartridge is formulated for high potency and flavor using a dual ceramic coil for smooth draws.

Which flavors and strain inspirations are available for Spinach PUFFERZ™ by Cronos (CRON)?

Three flavors debut: Sour Blue Razz (Hybrid), Tropical AF (Sativa) and Pineapple Coconut (Indica). According to the company, each flavor references specific strain lineages and distinct berry, tropical or vanilla notes.

Where is Spinach PUFFERZ™ available now and when will it be national (CRON)?

Spinach PUFFERZ™ is available now in Alberta, British Columbia and Ontario and will be available nationally by April 2026. According to the company, wider retail distribution follows the initial provincial rollout.

What hardware features does the Spinach PUFFERZ™ all‑in‑one vape include (CRON)?

The AIO device features a palm‑style squishy grip, dual ceramic coil, boost button for temperature control, and a battery meter. According to the company, these elements aim to improve ergonomics, flavor and user control.

How can consumers find more information or purchase Spinach PUFFERZ™ from Cronos (CRON)?

Consumers can find product details and availability through the Spinach brand website and social channels. According to the company, visit https://spinachcannabis.com/ and follow @spinachwithfriends on Instagram for updates.