---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-24-000078"
form_type: "8-K"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2024-06-25T23:59:59+00:00"
generated_at: "2026-06-01T02:13:26.844202+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cronos ups GrowCo credit by C$70M to C$175M, secures supply rights for Phase 2

## Summary
- Credit Agreement adds C$70M Term Loan B for Phase 2 cannabis facility; total facility now C$175M.
- Term Loan A (C$105M) matures March 2031 at Prime+1.25%; Term Loan B matures 10 yrs after Phase 2 cultivation start.
- Supply Agreement gives Cronos right to purchase 70-80% of GrowCo output at fixed prices for 4-year term.
- Effective July 1, 2024, GrowCo board expands to 5 members; Cronos appoints 3, will consolidate results from Q3 2024.

## SEC filing metadata
- accession: 0001656472-24-000078
- form_type: 8-K
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2024-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647224000078/0001656472-24-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647224000078/cron-20240620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-24-000078
- JSON: https://secwatch.observer/filing/0001656472-24-000078.json
- Plain text: https://secwatch.observer/filing/0001656472-24-000078.txt

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