News Releases










News Releases

08 March 2019

TORONTO , March 08, 2019 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today announced that the C$2.4 billion equity investment in the Company by Altria Group, Inc. (NYSE: MO) (“Altria”) has closed. As previously announced, Altria’s investment represents an approximate 45% ownership interest in Cronos Group . Altria also has a warrant to acquire additional ownership in Cronos Group , which is exercisable over the next four years. If exercised in full today, the warrant would increase Altria’s ownership in Cronos Group to approximately 55% and provide Cronos Group with additional proceeds of approximately C$1.4 billion .

04 March 2019
TORONTO , March 04, 2019 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“ Cronos Group ” or the “ Company ”), confirmed today that it has sold all of its common shares in the capital of Whistler Medical Marijuana Corporation (" Whistler "), representing approximately 19 percent
23 January 2019
TORONTO , Jan. 23, 2019 /PRNewswire/ - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (" Cronos Group " or the " Company ") today announced that it has entered into a credit agreement (the " Credit Agreement ") with Canadian Imperial Bank of Commerce (" CIBC "), as administrative agent and