Closed Redwood U.S. Hemp-Based Products Platform and Cronos Fermentation Facility Acquisitions
Announced the launch PEACE+™, A New Hemp-Derived U.S. BrandAdvanced Operational Readiness of Cronos Israel with Completed Construction of Manufacturing FacilityTORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), today announced financial results and business highlights for the three- and nine-months ending September 30, 2019.“As demonstrated by our progress in the third quarter, we are making great strides to advance the development and diversity of our portfolio and to expand our manufacturing capabilities,” said Mike Gorenstein, CEO of Cronos Group. “We are confident that our platform strategy and focus on consumer driven innovation will continue to differentiate Cronos Group and drive growth and value creation over the long-term.”Financial Results Third Quarter 2019
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