---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-24-000088"
form_type: "8-K"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:58:42.115137+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cronos Group Q2 net revenue rises 46% to $27.8M; net loss widens, Adj EBITDA improves

## Summary
- Net revenue $27.8M, up 46% YoY; gross profit $6.3M (+103%).
- Net loss $8.8M vs $5.7M YoY; Adjusted EBITDA -$11.1M (improved from -$15.9M).
- Cash and equivalents $848M; provided $51M credit facility to Cronos GrowCo for expansion.
- Spinach #1 flower brand in Canada with 6.2% market share; Lord Jones #1 hash infused pre-roll.
- Operating expense savings target $5-10M for 2024; net cash change no longer positive due to GrowCo investment.

## SEC filing metadata
- accession: 0001656472-24-000088
- form_type: 8-K
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647224000088/0001656472-24-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647224000088/cron-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-24-000088
- JSON: https://secwatch.observer/filing/0001656472-24-000088.json
- Plain text: https://secwatch.observer/filing/0001656472-24-000088.txt

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