---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-21-000120"
form_type: "8-K"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:46:51.034358+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Cronos to restate Q2 2021 financials; at least $220M impairment in U.S. reporting unit

## Summary
- Previously issued unaudited interim financial statements for Q2 2021 should no longer be relied upon.
- Impairment charge of not less than $220M on goodwill and indefinite-lived intangible assets in U.S. reporting unit.
- Triggering events reassessed as of June 30, 2021; impairment should have been recorded in Q2 2021.
- No other changes are anticipated beyond the impairment charge.
- Company evaluating whether to record an additional impairment in Q3 2021.

## SEC filing metadata
- accession: 0001656472-21-000120
- form_type: 8-K
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647221000120/0001656472-21-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647221000120/cron-20211109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-21-000120
- JSON: https://secwatch.observer/filing/0001656472-21-000120.json
- Plain text: https://secwatch.observer/filing/0001656472-21-000120.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.