Latest news with #Cronos'
Hamilton Spectator
25-07-2025
- Business
- Hamilton Spectator
Cronos Group Inc. to Hold 2025 Second Quarter Earnings Conference Call on August 7, 2025
TORONTO, July 25, 2025 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ('Cronos' or the 'Company') will hold its 2025 second quarter earnings conference call on Thursday, August 7, 2025 at 8:30 a.m. ET. Cronos' senior management team will discuss the Company's financial results and will be available for questions from the investment community after prepared remarks. To attend the conference call or webcast, participants should register online at . To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The webcast of the call will be archived for replay on the Company's website. About Cronos Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos' diverse international brand portfolio includes Spinach®, PEACE NATURALS® and Lord Jones®. For more information about Cronos and its brands, please visit: . Forward-looking Statements This press release may contain information that may constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws and court decisions (collectively, 'Forward-looking Statements'). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as 'may', 'will', 'expect', 'plan', 'anticipate', 'intend', 'potential', 'estimate', 'believe' or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. Some of the Forward-looking Statements contained in this press release include statements about Cronos' intention to build an international iconic brand portfolio and develop disruptive intellectual property. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, financial results, results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, each of which have been filed on SEDAR+ and EDGAR and can be accessed at and , respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement. Cronos Contact Harrison Aaron Investor Relations Tel: (416) 504-0004
Yahoo
25-07-2025
- Business
- Yahoo
Cronos Group Inc. to Hold 2025 Second Quarter Earnings Conference Call on August 7, 2025
TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ('Cronos' or the 'Company') will hold its 2025 second quarter earnings conference call on Thursday, August 7, 2025 at 8:30 a.m. ET. Cronos' senior management team will discuss the Company's financial results and will be available for questions from the investment community after prepared remarks. To attend the conference call or webcast, participants should register online at To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The webcast of the call will be archived for replay on the Company's website. About CronosCronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos' diverse international brand portfolio includes Spinach®, PEACE NATURALS® and Lord Jones®. For more information about Cronos and its brands, please visit: Forward-looking StatementsThis press release may contain information that may constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws and court decisions (collectively, 'Forward-looking Statements'). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as 'may', 'will', 'expect', 'plan', 'anticipate', 'intend', 'potential', 'estimate', 'believe' or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. Some of the Forward-looking Statements contained in this press release include statements about Cronos' intention to build an international iconic brand portfolio and develop disruptive intellectual property. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, financial results, results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, each of which have been filed on SEDAR+ and EDGAR and can be accessed at and respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement. Cronos ContactHarrison AaronInvestor RelationsTel: (416) in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Toronto Star
25-07-2025
- Business
- Toronto Star
Cronos Group Inc. to Hold 2025 Second Quarter Earnings Conference Call on August 7, 2025
TORONTO, July 25, 2025 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ('Cronos' or the 'Company') will hold its 2025 second quarter earnings conference call on Thursday, August 7, 2025 at 8:30 a.m. ET. Cronos' senior management team will discuss the Company's financial results and will be available for questions from the investment community after prepared remarks. To attend the conference call or webcast, participants should register online at To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The webcast of the call will be archived for replay on the Company's website.
Business Insider
03-07-2025
- Business
- Business Insider
Cronos Delivers Sub-Second Block Time, Cementing Status Among Top 10 Fastest Chains
Cronos has announced the completion of a major performance upgrade to the Cronos EVM mainnet, delivering up to 10x reduction in block time and pushing the network into the sub-second era. This enhancement significantly improves network responsiveness and throughput, supporting the next generation of high-performance decentralized applications. As of 3 July 2025, the network upgrade will go live on mainnet, bringing Cronos EVM's average block interval from approximately 5.6 seconds down to under one second. This achievement reinforces its position as one of the most compatible, low-latency and scalable Ethereum Virtual Machine (EVM) chains. With its instant finality, Cronos now ranks among the world's 10 fastest blockchains for on-chain finality, opening the door to real-time DeFi, AI and payments. This leap in speed is enabled by recent scalability innovations, including BlockSTM, the parallel execution engine introduced in the Pallene upgrade, which allows multiple transactions to be processed simultaneously within each block. The latest block time optimization complements this by increasing block production frequency, resulting in faster finality and smoother user interactions. Combined, these upgrades are expected to: Increase overall transaction throughput (TPS) Enable near-instant responsiveness across DeFi, AI and payments Improve developer UX for high-frequency applications Reduce latency for real-time, on-chain interactions Mirko Zhao, Cronos Labs Lead and Head of Product & Engineering commented, 'By unlocking sub-second performance, we're not just making the network faster — we're enabling a new class of ultra-fast blockchain applications. This upgrade reinforces our long-term commitment to developer experience and performance at scale.' This upgrade follows Cronos' broader roadmap focused on performance, affordability and AI agent readiness. Prior to this upgrade, Cronos implemented a 10x base gas fee reduction in June, making the network more accessible to both users and developers. The network has also broken new ground in real-world adoption. In partnership with it became the first blockchain to support direct funding of a prepaid card with crypto. A supporting feature, Auto-Harvest, automates the process of converting DeFi rewards into fiat top-ups, bridging the gap between on-chain activity and everyday payments. About Cronos Cronos is a leading blockchain ecosystem that has partnered with and more than 500 application developers and contributors representing an addressable user base of more than a hundred million people around the world. Cronos' mission is to make it easy and safe for the next billion crypto users to adopt self-custody in Web3, with a focus on Decentralized Finance and Gaming. The Cronos universe encompasses 3 chains: Cronos EVM, the leading Ethereum-compatible blockchain built on the Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and NFTs; and Cronos zkEVM, a new high performance layer 2 network secured by Ethereum. Cronos ranks among the top 15 blockchain ecosystems, encompassing more than 6 billion dollars of user assets. Since inception, it has securely settled more than 100 million transactions. Transaction fees are paid in Cronos ($CRO), a blue chip cryptocurrency. Cronos is supported by Cronos Labs, a Web3 start-up accelerator focused on DeFi, GameFi and the development of the Cronos ecosystem.
Yahoo
23-06-2025
- Business
- Yahoo
Cronos Group Inc. Announces Results of 2025 Annual Meeting of Shareholders
TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ('Cronos' or the 'Company') today announced that at its Annual Meeting of Shareholders held on Friday, June 20, 2025 (the 'Meeting'), shareholders holding a total of 276,989,452 common shares of the Company voted in person or by proxy, representing 71.87% of the total number of common shares of the Company outstanding. Each of the directors listed as a nominee in the Company's definitive proxy statement dated April 25, 2025 was elected as a director of the Company, with each director receiving in excess of 92.3% of the votes cast in favor of his or her election. The detailed results of the vote for the election of directors are as follows: Name of Director Number of Shares Voted For Percentage of Shares Voted For Number of Shares Withheld from Voting Percentage of Shares Withheld from Voting Michael Gorenstein 206,219,875 92.38% 17,012,443 7.62% Jason Adler 215,665,946 96.61% 7,566,372 3.39% Murray Garnick 215,548,312 96.56% 7,684,006 3.44% Kamran Khan 216,349,694 96.92% 6,882,624 3.08% Dominik Meier 216,404,347 96.94% 6,827,971 3.06% Elizabeth Seegar 211,177,232 94.60% 12,055,086 5.40% James Rudyk 215,956,203 96.74% 7,276,115 3.26% Shareholders also approved an advisory (non-binding) resolution on the compensation of the Company's named executive officers, with 94.13% of votes cast in favor of such resolution, and approved the appointment of Davidson & Company LLP as the Company's independent auditor for fiscal year 2025 and authorized the Board of Directors of the Company to fix the independent auditor's remuneration. For complete results on all matters voted on at the Meeting, please see the Report of Voting Results filed on the Company's SEDAR+ profile at and the Company's Form 8-K filed on EDGAR at About Cronos Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos' diverse international brand portfolio includes Spinach®, PEACE NATURALS® and Lord Jones®. For more information about Cronos and its brands, please visit: For further information, please contact:Harrison AaronInvestor RelationsTel: (416) in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
