---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-22-000161"
form_type: "8-K"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:31:15.098752+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cronos Q3 revenue up 3% to $20.9M; net loss $36.9M vs prior year income; Jeff Jacobson named CGO

## Summary
- Consolidated net revenue $20.9M, up 3% YoY; constant currency +7% to $21.8M.
- Net loss $36.9M driven by non-cash derivative revaluation; prior year net income $77.7M.
- Adjusted EBITDA improved to -$21.7M from -$46.8M YoY; on track for $20-25M cost savings.
- Israel net revenue up 88% to $7.0M; constant currency +98%.
- Appointed Jeff Jacobson as Chief Growth Officer; launched Spinach infused pre-rolls.

## SEC filing metadata
- accession: 0001656472-22-000161
- form_type: 8-K
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000161/0001656472-22-000161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000161/cron-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-22-000161
- JSON: https://secwatch.observer/filing/0001656472-22-000161.json
- Plain text: https://secwatch.observer/filing/0001656472-22-000161.txt

## Key facts
- Earnings Releases
  Cronos Group Inc. reported third quarter ended September 30, 2022 results: revenue $20.9 million, net income $(36.9) million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $20.9 million
  - Net income: $(36.9) million
  - Result: reported results
  source text: or document. --- EX-99.1 (EX-99.1) --- ex991toq3earnings8-k Cronos Group Reports 2022 Third Quarter Results Reported consolidated net revenue increased 3% year-over-year to $20.9 million; on a constant currency basis, consolidated net revenue increased 7% year-over-year to $21.8 million Reported net revenue in Israel increased 88% year-over-year to $7.0 million;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000161/0001656472-22-000161-index.htm

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