Cronos Group Inc (Cronos) is a cannabinoid company that advances cannabis research, technology, and product development. The company's activities include the creation of disruptive intellectual property through cannabis research and the development of innovative cannabis products. The company's product portfolio includes dried flowers, cannabis seeds, cannabis plants, cannabis extracts, cannabis topicals, and cannabis edibles. Cronos brands include Spinach, PEACE NATURALS, and Lord Jones. The company operates in Canada and Israel. Cronos is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
Unit 300, 111 Peter Street, Toronto, Ontario, M5V2H1
Website
ir.thecronosgroup.com
Telephone
1 416 5040004
No of Employees
626
Industry
Pharmaceuticals and Healthcare
Ticker Symbol & Exchange
CRON (TSE)
Revenue (2022)
$87.2M
0.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
56.2%
(2022 vs 2021)
Market Cap*
$948.2M
Net Profit Margin (2022)
XYZ
56.4%
(2022 vs 2021)
* As of and is in US$
Cronos Group Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cannabis | PEACE |
| Pre-Rolls | Happy Dance |
| Vaporizers | PEACENATURALS |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched Lord Jones Chocolate Fusions. |
| 2023 | Corporate Changes/Expansions | In November, the company launched Lord Jones in the Canadian adult-use cannabis market. |
| 2023 | Others | In September, the company shipped its first order of bulk cannabis which will be sold under the PEACE NATURALS brand in Germany. |
Competitor Comparison
| Key Parameters | Cronos Group Inc | Aurora Cannabis Inc | Delivra Health Brands Inc | CannTrust Holdings Inc |
|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada |
| City | Toronto | Leduc | Vancouver | Vaughan |
| State/Province | Ontario | Alberta | British Columbia | Ontario |
| No. of Employees | 626 | 1,130 | - | 576 |
| Entity Type | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Gorenstein | President; Chairman; Chief Executive Officer | Executive Board | - | - |
| James Holm | Chief Financial Officer | Senior Management | 2022 | - |
| Terry Doucet | General Counsel; Secretary | Senior Management | - | - |
| Anna Shlimak | Senior Vice President - Corporate Affairs and Strategy | Senior Management | - | - |
| Arye Weigensberg | Head - Research and Development | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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