STOCK TITAN

Spinach® is the Number One Vape Brand in Canada

(Neutral)
(Positive)
Tags

Cronos (NASDAQ: CRON; TSX: CRON) announced that its Spinach® vape portfolio became the top-selling vape brand in Canada, holding a 10.4% market share in April 2026 and leading the category since January 2026.

New Spinach PUFFERZ™ flavors and the first limited-time Orange Vanilla Twist 1g vape will launch in Alberta and Ontario in late June, with wider Canadian availability later in summer.

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Positive

  • Spinach® vapes reach 10.4% Canadian vape market share in April 2026
  • Number one vape brand position maintained in Canada since January 2026
  • Multiple new Spinach PUFFERZ™ 1g vape flavors launching summer 2026
  • First Spinach® limited-time offer Orange Vanilla Twist 1g vape introduced
  • Expanded provincial and planned national availability across Canada in summer 2026

Negative

  • None.

News Market Reaction – CRON

+0.36%
+0.36% Session close to close

In the Jun 11 session, CRON gained 0.36%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Spinach® achieving the #1 vape position in Canada with 10.4% market sha...
Analysis

This announcement highlights Spinach® achieving the #1 vape position in Canada with 10.4% market share in April 2026 and sustaining that lead since January. It reinforces Cronos’s focus on quality, flavor innovation, and hardware differentiation. In context of Q1 2026 revenue of $45.2 million and net income of $15.7 million, investors may track whether upcoming SKUs and wider distribution translate into sustained share gains and revenue growth.

Key Figures

Canadian vape share: 10.4% Top-share duration: January–April 2026 New PUFFERZ flavors: 3 flavors +2 more
5 metrics
Canadian vape share 10.4% Spinach® share of total vapes category in Canada, April 2026
Top-share duration January–April 2026 Period Spinach® held #1 vape position in Canada
New PUFFERZ flavors 3 flavors New SKUs for Spinach PUFFERZ™ all-in-one 1g vape
Vape size 1g Spinach PUFFERZ™ all-in-one and Orange Vanilla Twist vape format
Launch timing Late June Availability in Alberta and Ontario before national rollout

Historical Context

5 past events · Latest: May 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 11 Q1 2026 earnings Positive +8.3% Strong Q1 growth, profitability and new $50M share repurchase authorization.
May 06 Product expansion Positive -0.4% Expansion of Spinach STIX® pre-rolls across Canadian provinces.
Apr 29 Annual meeting notice Neutral -2.6% Announcement of virtual-only 2026 annual shareholder meeting details.
Apr 20 Earnings call setup Neutral +2.6% Scheduling of Q1 2026 earnings conference call for May 11.
Mar 16 Conference appearance Neutral +2.2% CEO participation in the 38th Annual ROTH Conference presentation.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

News-driven moves have been modest, with strong fundamentals (Q1 earnings) drawing the clearest upside reaction.

Recent Company History

Over the last few months, Cronos has highlighted improving fundamentals and brand momentum. Q1 2026 results on May 11 showed net revenue of $45.2 million, net income of $15.7 million, and a new $50 million buyback, drawing an 8.27% gain. Brand and product updates such as Spinach STIX® expansion on May 6 and conference or meeting announcements have produced relatively small, mixed price reactions. Today’s vape leadership news fits this brand-building trajectory.

Key Terms

terpene, liquid diamonds, 510-threaded cartridge, skus, +2 more
6 terms
terpene medical
"feature vibrant and distinctive terpene profiles, and utilize advanced hardware"
Terpenes are natural aromatic compounds found in many plants and herbs that give them distinctive smells and flavors, similar to how spices give a dish its character. For investors, terpenes matter because they drive product differentiation, influence consumer preference, affect extraction and manufacturing costs, and can shape regulatory and medical claims—factors that impact revenue potential, margins, and supply-chain risk for companies in sectors like cannabis, flavors, fragrances, and wellness.
liquid diamonds technical
"all infused with liquid diamonds for bigger and smoother hits."
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.
510-threaded cartridge technical
"available in a 510-threaded cartridge. The new Spinach PUFFERZ™ flavors"
A 510-threaded cartridge is the common screw-in cartridge used for vaporizing oils or concentrates that fits a standard 510-thread connection on compatible batteries or devices. Think of it like a USB plug for vape hardware: the shared threading makes products interchangeable, which matters to investors because standardization lowers manufacturing costs, broadens customer choice, and can boost adoption or market share in the vaping and cannabis accessory industry.
skus technical
"This summer, the Spinach® brand will launch several new SKUs across its vape"
SKUs, or stock keeping units, are unique codes used to identify individual products in a company's inventory. They help businesses track how many items they have, sell, or need to restock, similar to how a library assigns specific numbers to books for easy organization. For investors, SKUs provide insight into a company's product lineup and sales performance, which can influence financial health and growth prospects.
hybrid medical
"Spinach PUFFERZ™ Grape Gas (Hybrid)Spinach® Orange Vanilla Twist 1g vape"
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
"Strawberry Burst (Sativa)Spinach PUFFERZ™ Peach Iced Tea (Sativa)"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Spinach® vapes, known for exceptional quality, bold flavor profiles and advanced hardware, continue to resonate with adult consumers across Canada

TORONTO, June 11, 2026 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, today announced that its Spinach® vape portfolio has become the top‑selling vape brand in Canada, capturing 10.4%1 market share of the total vapes category in April 2026, a position that Cronos has held since January 2026.

Since entering the vape category, the Spinach® brand has built a best‑in‑class offering rooted in quality, flavor, and technology. Spinach® vapes are crafted using high‑purity extracts, feature vibrant and distinctive terpene profiles, and utilize advanced hardware designed to deliver smooth, reliable performance for adult consumers.

“Spinach® vapes were created to bring high-quality, flavorful, and consistent experiences to adult consumers. Reaching the #1 position in Canada marks an incredible milestone,” said Jeff Jacobson, Chief Growth Officer, Cronos. “We’re grateful to our consumers for their loyalty and passion for the brand. This achievement motivates us to keep raising the bar with innovative formulations, differentiated flavor profiles and leading-edge hardware across our vape lineup.”

“Our strategy is centered on developing disruptive, borderless products that can scale as regulations evolve globally,” said Mike Gorenstein, Chairman, President and CEO, Cronos. “Reaching #1 market share in the Canadian vape category1 validates our product innovation engine and strengthens our confidence as we continue expanding our platform of cannabinoid products around the world.”

This summer, the Spinach® brand will launch several new SKUs across its vape portfolio, including three new flavors for the Spinach PUFFERZ™ all-in-one 1g vape and its first-ever limited-time offer (LTO) vape, all infused with liquid diamonds for bigger and smoother hits.

The newest flavors are:

The new Spinach PUFFERZ™ flavors and the LTO Spinach® Orange Vanilla Twist 1g vape will be available in Alberta and Ontario in late June, with national availability later this summer.

The full lineup of Spinach® vapes, available in a range of popular flavors, formats, and cannabinoid ratios, can be viewed at: https://spinachcannabis.com/forms/vape/. For more information and availability on all Spinach® products, please visit: https://spinachcannabis.com/.

1 HiFyre Retail Analytics – National Vape Retail Dollar Sales by Brand in Canada – January – April 2026.

About Cronos
Cronos is an innovative global cannabis company focused on scaling leading consumer goods products through R&D and innovation. 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®, LIT®, and Lord Jones®. For more information about Cronos and its brands, please visit: https://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 continued product innovations, strategies with respect to the development of scalable cannabinoid products, expansion into new and existing markets, the Company’s product innovation engine, the evolution of cannabis regulations globally and the Company’s ability to adapt and scale accordingly, expectations of continued consumer demand, brand strength and market performance of Spinach® products, future product launches and rollout timing for new Spinach® vape SKUs, anticipated product availability in Ontario and national availability timing, and the Company’s intention to build an international iconic brand portfolio by scaling leading consumer goods products through R&D and innovation. 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, 2025 and the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, 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


FAQ

Why is Cronos (CRON) highlighting Spinach as the number one vape brand in Canada?

Spinach is highlighted because it reached the top vape brand position in Canada by April 2026. According to Cronos, the brand captured 10.4% vape market share and has led the national vape category since January 2026.

What market share do Spinach vapes hold in Canada as of April 2026 for CRON?

Spinach vapes held a 10.4% share of the Canadian vape market in April 2026. According to Cronos, this market share made Spinach the top-selling vape brand nationally, based on HiFyre Retail Analytics data for January through April 2026.

What new Spinach PUFFERZ vape flavors is Cronos (CRON) launching in summer 2026?

Cronos is launching three new Spinach PUFFERZ 1g vape flavors in summer 2026. According to Cronos, the lineup adds Strawberry Burst (Sativa), Peach Iced Tea (Sativa) and Grape Gas (Hybrid), all infused with liquid diamonds for larger, smoother hits.

What is the new limited-time Spinach Orange Vanilla Twist vape and where will it be sold?

Orange Vanilla Twist is a limited-time Spinach 1g Sativa vape in a 510-threaded cartridge. According to Cronos, it will launch first in Alberta and Ontario in late June, then expand to broader Canadian availability later in summer 2026.

When will the new Spinach vape products from Cronos (CRON) be available in Canada?

The new Spinach PUFFERZ flavors and Orange Vanilla Twist 1g vape will first appear in late June 2026. According to Cronos, initial launches target Alberta and Ontario, with national Canadian distribution expected later in the summer season.

How can investors and consumers view the full Spinach vape lineup from Cronos (CRON)?

The full Spinach vape lineup can be viewed on the Spinach website product pages. According to Cronos, details on flavors, formats and cannabinoid ratios are listed online, along with broader information and availability for all Spinach-branded products.