Cronos Group auditor KPMG exits; will not seek re-appointment for 2024 audit

Cronos Group Inc.

KPMG notified Cronos it will not stand for re-appointment for 2024 audit due to KPMG's decision to cease auditing cannabis companies.
KPMG issued unqualified opinions on financials for 2023 and 2022, but an adverse opinion on internal controls for 2022 (material weakness).
No disagreements between company and KPMG; company will promptly initiate search for a new auditor.
KPMG will continue to review Q1 and Q2 2024 quarterly results until replaced.

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