Cronos Group (CRON) Company Report

Cronos Group reported consolidated net revenue of $36.3 million in Q3 2025, marking a 6% increase year over year, primarily driven by strong cannabis flower sales in Israel and extract sales in Canada.
The company achieved a gross profit of $18.3 million, equating to a 50% gross margin, a 19 percentage point improvement from Q3 2024, and Adjusted EBITDA of $5.7 million, an $11.7 million year-over-year improvement.
Cronos Group maintains a strong financial position with $824 million in cash, cash equivalents, and short-term investments as of Q3 2025.
The phase two expansion at GrowCo is complete, with flower sales starting in fall 2025, and is anticipated to drive improved flower sales in 2026 due to a 70% capacity increase.

Nov 6, 2025, 1:30 PM

Cronos Group Reports Record Q3 2025 Net Revenue, Gross Profit, and Adjusted EBITDA

CRON

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Cronos Group Inc. achieved record levels of consolidated net revenue, gross profit, and Adjusted EBITDA in Q3 2025. Net revenue increased by 9% quarter-over-quarter and 6% year-over-year to $36.3 million.
The company reported a gross profit of $18.3 million and Adjusted EBITDA of $5.7 million in Q3 2025, representing increases of $14.7 million and $11.7 million respectively, compared to Q3 2024.
Cronos maintains a strong balance sheet with $824 million in total cash and cash equivalents and short-term investments as of September 30, 2025.
Israel generated record-high net revenue, with the PEACE NATURALS® brand remaining the number one cannabis brand in the market. In Canada, the Spinach® brand held the #2 overall market share, leading the edibles category with a 19.7% market share and ranking #3 in vapes with a 7.0% share.
The Cronos GrowCo expansion is complete, with sales commencing in Fall 2025, expected to fuel growth in 2026.

Nov 6, 2025, 12:32 PM

Trump Media, Crypto.com, and Yorkville Launch CRO Treasury Company

CRON

New Projects/Investments

Debt Issuance

Trump Media Group, in partnership with Crypto.com and Yorkville Acquisition Corp., has launched Trump Media Group CRO Strategy Inc., a $6.42 billion digital asset treasury company focused exclusively on the Cronos (CRO) token, which will be publicly traded under the ticker MCGA.
The company aims to build a treasury of at least $6.42 billion, funded by $1 billion in CRO tokens, $420 million in cash and warrants, and a $5 billion equity line of credit from YA II PN, Ltd..
Trump Media will run a validator node on the Cronos blockchain, stake its CRO holdings to generate additional revenue, and integrate CRO into its Truth Social platform through a new rewards system that allows users to convert platform points into CRO tokens, with future plans for subscription payments and discounted services using CRO.
Founding shareholders have agreed to a one-year lock-up period followed by a three-year release schedule, highlighting a long-term commitment to the initiative.

Aug 26, 2025, 12:46 PM

Earnings Transcripts

Quarterly earnings call transcripts for Cronos Group.

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