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Cronos Group Inc. (CRON) is a global leader in cannabis innovation, operating across medicinal and recreational markets with brands like Peace Naturals and Spinach. This page provides investors and industry observers with centralized access to official press releases, financial updates, and strategic developments.
Track CRON's progress through earnings reports, regulatory milestones, product launches, and partnership announcements. Our curated news collection ensures you stay informed about operational expansions, research breakthroughs, and market positioning in the evolving cannabis sector.
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Cronos Group, a global cannabinoid company, announced that Mike Gorenstein, Executive Chairman, will present at the MKM Partners Virtual Conference on December 16, 2020, at 12:30 p.m. EST. The presentation will be accessible via the company's Investors website.
Cronos Group is focused on advancing cannabis research and developing an iconic brand portfolio, including PEACE NATURALS and Spinach.
Cronos Group (NASDAQ: CRON) announced on November 25, 2020, that Mike Gorenstein, the Executive Chairman, will speak at the Cowen 2020 Boston Cannabis Conference on December 2, 2020, at 9:20 a.m. EST. This appearance highlights the company's commitment to advancing the cannabis industry. Cronos Group is focused on building a global portfolio of innovative cannabinoid products, including brands like PEACE NATURALS™, COVE™, and Spinach™.
Cronos Group announced that Executive Chairman Mike Gorenstein will speak at the Jefferies Virtual West Coast Consumer Conference on November 17, 2020, at 1:10 p.m. EST. The event will be accessible via the Investors section of Cronos Group's website.
Cronos Group is a leading global cannabinoid company committed to innovation in cannabis research and product development, with a diverse portfolio that includes brands like PEACE NATURALS™, COVE™, and Spinach™.
Cronos Group has appointed Kurt Schmidt as President and CEO, succeeding Mike Gorenstein, who becomes Executive Chairman. The company launched a new hemp-derived CBD brand, Happy Dance™, in partnership with Kristen Bell. Financially, Cronos reported Q3 2020 net revenue of $11.4 million, a 96% increase year-over-year, driven by growth in the adult-use Canadian market and the Redwood acquisition. However, the gross loss was $1.5 million, and the operating loss rose to $41.2 million, reflecting increased costs from brand development and R&D. The company continues to expand its product portfolio and international presence.
Cronos Group Inc. (NASDAQ: CRON) will host its 2020 Third Quarter Earnings Conference Call on November 5, 2020, at 8:30 a.m. EST. The call will include financial results discussion and a Q&A session with senior management. A live audio webcast will be accessible on the company’s website, and an archive will be available for later viewing. Cronos Group specializes in cannabinoid products, focusing on innovative research and product development across its international brand portfolio, including PEACE NATURALS, COVE, and Spinach.
Cronos Group announced the launch of Happy Dance, a new clean CBD skincare brand co-founded by actress Kristen Bell, on October 14, 2020. The collection includes three products: Whipped Body Butter, Head-to-Toe Coconut Melt, and Stress Away Bath Bomb, all featuring high-quality CBD from full-spectrum hemp extract. Each product undergoes thorough third-party testing and is vegan and cruelty-free. A portion of profits will support the A New Way of Life Re-Entry Project, benefiting women rebuilding their lives after prison.
Cronos Group Inc. has launched its medical brand PEACE NATURALS™ in Israeli pharmacies through Cronos Israel. The cultivation and production occur at their facility in Kibbutz Gan Shmuel, which complies with local certifications. The brand, established in Canada in 2013, aims to provide high-quality products, importing dried flower and plant cuttings from Canada. With a growing medical cannabis market in Israel, Cronos sees significant opportunities for expansion. The company emphasizes its commitment to high standards and improving patient access to medical cannabis.
Cronos Group, a global cannabinoid company, announced that its Executive Chairman, Mike Gorenstein, will speak at the CIBC 19th Annual Eastern Institutional Investor Conference on September 17, 2020, at 2:40 p.m. EDT. The conference will be accessible via a webcast on the Company's investor website. Cronos Group is focused on advancing cannabis research and developing an iconic brand portfolio, including wellness and adult-use brands. Their portfolio includes PEACE NATURALS™, COVE™, Spinach™, Lord Jones™, and PEACE+™.
Cronos Group has appointed Kurt Schmidt as President and CEO, effective September 9, 2020. Schmidt brings over 30 years of consumer packaged goods experience, having held key roles at Blue Buffalo and Nestlé. Mike Gorenstein transitions to Executive Chairman after serving as CEO since 2016. Both leaders aim to drive growth and leverage Cronos' strengths in cannabinoid innovation and brand development. The leadership change is expected to enhance company performance and accelerate its mission to create a strong brand portfolio and advanced cannabis research.
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