SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
JACOBSON JEFFREY DAVID

(Last) (First) (Middle)
720 KING STREET WEST, SUITE 320

(Street)
TORONTO A6 M5V 2T3

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/31/2019
3. Issuer Name and Ticker or Trading Symbol
Cronos Group Inc. [ CRON ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
COMMON SHARES 7,000 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
COMMON SHARE OPTION (right to buy) (1) 10/06/2021 COMMON SHARES 120,000 1.23(2) D
COMMON SHARE OPTION (right to buy) (3) 04/12/2022 COMMON SHARES 20,000 3.14(2) D
COMMON SHARE OPTION (right to buy) (4) 08/24/2022 COMMON SHARES 260,000 2.42(2) D
COMMON SHARE OPTION (right to buy) (5) 05/11/2024 COMMON SHARES 21,062 20.65(2) D
Explanation of Responses:
1. The options were granted October 6, 2016 and vest in monthly installments over a four-year period.
2. The exercise price is expressed in Canadian dollars.
3. The options were granted April 12, 2017 and vest in monthly installments over a four-year period.
4. The options were granted August 24, 2017 and vest in monthly installments over a four-year period.
5. The options were granted May 11, 2019 and vest in quarterly installments over a four-year period; the first installment became exercisable August 11, 2019 and the second installment became exercisable November 11, 2019.
Remarks:
General Manager, Canada and Europe Exhibit List: Exhibit 24 - Power of Attorney This Form 3 is being filed in advance of January 1, 2020, on which date the reporting person will become subject to Section 16 of the Securities Exchange Act of 1934, as amended.
/s/ Xiu Ming Shum as Attorney-in-fact for Jeffrey D. Jacobson 12/31/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Jeffrey David Jacobson - Exhibit 24


                         Authorization and Designation
                                to Sign and File
                           Section 16 Reporting Forms


        The undersigned, an executive officer of Cronos Group Inc., a
corporation formed under the Business Corporations Act (Ontario) (the
"Company"), does hereby authorize and designate Jerry Barbato or Xiu Ming Shum,
each with right to substitute and resubstitute, but for only so long as each of
them is an officer of the Company, to sign and file on his or her behalf the
application for the required Securities and Exchange Commission ("SEC")
electronic CIK/CCC codes and any and all Forms 3, 4 and 5 and Forms 144 relating
to equity securities of the Company with the SEC pursuant to the requirements of
Section 16 of the Securities Exchange Act of 1934 ("Section 16") and Rule 144
under the Securities Act of 1933, as amended.  This authorization, unless
earlier revoked in writing, shall be valid until the undersigned's reporting
obligations under Section 16 and Rule 144 with respect to equity securities of
the Company shall cease.  All prior such authorizations are hereby revoked.

        IN WITNESS WHEREOF, the undersigned has executed this Authorization and
Designation this 10 day of Dec, 2019.




                                        /s/ Jeffrey David Jacobson
                                        ---------------------------------------
                                        Jeffrey David Jacobson