---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-22-000092"
form_type: "8-K"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:45:11.133166+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cronos Q1 revenue up 99% YoY to $25M; net loss narrows; Gorenstein returns as CEO

## Summary
- Consolidated net revenue $25.0M (+99% YoY); Israel net revenue $9.1M (+263% YoY).
- Gross profit $6.9M (28% margin) vs -$3.0M in Q1 2021; net loss $32.7M vs $161.6M.
- Adjusted EBITDA loss improved to $(18.9)M from $(36.6)M; cost savings target $20-25M in 2022.
- Spinach brand held ~13% edible market share in Canada; gummy share ~17% in Q1 2022.
- Founder Mike Gorenstein appointed Chairman, President and CEO in March 2022.

## SEC filing metadata
- accession: 0001656472-22-000092
- form_type: 8-K
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000092/0001656472-22-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000092/cron-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-22-000092
- JSON: https://secwatch.observer/filing/0001656472-22-000092.json
- Plain text: https://secwatch.observer/filing/0001656472-22-000092.txt

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