{"schema_version":"secwatch.filing_event.v1","accession":"0001656472-24-000062","form_type":"8-K","ticker":"CRON","cik":"0001656472","company_name":"Cronos Group Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.455078+00:00","generated_at":"2026-06-02T06:12:09.358276+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cronos Q1 revenue up 30% YoY to $25.3M; net loss narrows; guidance reaffirmed","bullets":["Net revenue $25.3M (+30% YoY); gross profit $4.5M (+53%); net loss improved to $(2.5M) from $(18.0M).","Adjusted EBITDA of $(10.7M) improved $5.0M YoY; cash and equivalents $855M.","Spinach brand #1 flower and #3 vape in Canada; Lord Jones #1 hash infused pre-roll.","Launched PEACE NATURALS in UK via GROW Pharma partnership in May 2024.","Reiterated $5-10M operating expense savings target for 2024; expects positive net cash change."],"urls":{"canonical":"https://secwatch.observer/filing/0001656472-24-000062","json":"https://secwatch.observer/filing/0001656472-24-000062.json","markdown":"https://secwatch.observer/filing/0001656472-24-000062.md","text":"https://secwatch.observer/filing/0001656472-24-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1656472/000165647224000062/0001656472-24-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1656472/000165647224000062/cron-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:12:09.358276+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":"d6a6402f33d0aa25b8079bafa4e00a909dbeb0ad","claim":"Cronos Group Inc. reported first quarter ended March 31, 2024 results: revenue $25.3 million, net income $ (2,484).","evidence_excerpt":"Group Reports 2024 First Quarter Results Industry-leading balance sheet with $855 million in cash and cash equivalents Net revenue in Q1 2024 increased by 30% year-over-year to $25.3 million Spinach ® was top-3 in retail sales in Canada in the flower, edible, and vape categories in Q1 2024 Launched PEACE NATURALS ® brand in the United Kingdom in May 2024 TORONTO, May","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1656472/000165647224000062/0001656472-24-000062-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$25.3 million"},{"label":"Net income","value":"$ (2,484)"},{"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"}