{"schema_version":"secwatch.filing_event.v1","accession":"0001656472-23-000065","form_type":"8-K","ticker":"CRON","cik":"0001656472","company_name":"Cronos Group Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.873037+00:00","generated_at":"2026-06-15T09:20:35.513751+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cronos Q1 revenue $20.1M (-20% YoY); gross margin 12%; targets cash flow positive 2024","bullets":["Net revenue $20.1M, down 20% YoY; gross margin 12% vs 28%; net loss $(19.3)M improved from $(32.7)M.","Canada net revenue +6% YoY (constant currency +14%); Spinach® top-10 in flower, edible, vape, pre-roll.","Cash & short-term investments $836M; no debt; targeting positive cash flow in 2024.","FY2023 revenue guidance $100-110M; expects ~$30M interest income for remainder of year; on track for $10-20M cost savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001656472-23-000065","json":"https://secwatch.observer/filing/0001656472-23-000065.json","markdown":"https://secwatch.observer/filing/0001656472-23-000065.md","text":"https://secwatch.observer/filing/0001656472-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1656472/000165647223000065/0001656472-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1656472/000165647223000065/cron-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:20:35.513751+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e829107450a77b3240c2298ebd01dcc969ef32eb","claim":"Cronos Group Inc. updated its its first quarter ended March 31, 2023 guidance (reaffirmed).","evidence_excerpt":"On May 9, 2023, Cronos Group Inc. (the “Company”) issued a press release announcing its financial results for its first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1656472/000165647223000065/0001656472-23-000065-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its first quarter ended March 31, 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}