Cronos Group Inc. 2026年季度报告

Table of Contents PART I Item1.Financial Statements.Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations. Item 1.Legal Proceedings.Item 1A.Risk Factors. Item 2.Unregistered Sales of Equity Securities and Use of Proceeds.Item 3.Defaults upon Senior Securities.Item 4.Mine Safety Disclosures.Item 5.Other Information.Item 6.Exhibits. Unless otherwise noted or the context indicates otherwise, references in this Quarterly Report on Form 10-Q (this “Quarterly Report”)to the “Company,” “Cronos Group,” “we,” “us” and “our” refer to Cronos Group Inc., its direct and indirect wholly owned subsidiariesand, if applicable, its joint ventures and investments accounted for by the equity method; the term “cannabis” means the plant of anyspecies or subspecies of genusCannabisand any part of that plant, including all derivatives, extracts, cannabinoids, isomers, acids,salts, and salts of isomers; the term “U.S. hemp” has the meaning given to the term “hemp” in the United States (“U.S.”) Agricultural This Quarterly Report contains references to our trademarks and trade names and to trademarks and trade names belonging to otherentities. Solely for convenience, trademarks and trade names referred to in this Quarterly Report may appear without the ® or ™symbols, but such references are not intended to indicate, in any way, that their respective owners will not assert, to the fullest extentunder applicable law, their rights thereto. We do not intend our use or display of other companies’ trademarks or trade names to imply All currency amounts in this Quarterly Report are stated in U.S. dollars, which is our reporting currency, unless otherwise noted. Allreferences to “dollars” or “$” are to U.S. dollars; all references to “C$” are to Canadian dollars; and all references to “ILS” are to New PART IFINANCIAL INFORMATION Item 1. Financial Statements Table of Contents Condensed Consolidated Balance Sheets as ofMarch 31, 2026(Unaudited) and December 31, 20254Condensed Consolidated Statements of NetIncome (Loss)and Comprehensive Income (Loss) for the three months endedMarch 31, 2026 and 2025(Unaudited)5Condensed Consolidated Statements of Changes in Equity for the three months endedMarch 31, 2026 and 2025(Unaudited)6 Cronos Group Inc.Condensed Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss)(In thousands of U.S. dollars, except share and per share amounts, unaudited) Cronos Group Inc.Condensed Consolidated Statements of Changes in EquityFor the three months ended March31, 2026 and 2025(In thousands of U.S. dollars, except share amounts, unaudited) Cronos Group Inc.Notes to Condensed Consolidated Financial Statements (Unaudited)(In thousands of U.S. dollars, except share amounts) 1. Background, Basis of Presentation, and Summary of Significant Accounting Policies (a) Cronos Group Inc. (“Cronos” or the “Company”) is incorporated in the province of British Columbia under theBusiness CorporationsAct(British Columbia) with principal executive offices at 4491 Concession Rd 12, Stayner, Ontario, L0M 1S0. The Company’scommon shares are currently listed on the Toronto Stock Exchange (“TSX”) and Nasdaq Global Market (“Nasdaq”) under the ticker Cronos is a global cannabis company focused on scaling leading consumer goods products through research and development andinnovation. 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 , LITand Lord Jones . Basis of presentation These condensed consolidated interim financial statements of Cronos are unaudited. They have been prepared in accordance withGenerally Accepted Accounting Principles in the United States (“U.S. GAAP”) for interim financial information and with applicablerules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) relating to interim financial statements.Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the These condensed consolidated interim financial statements should be read in conjunction with the Company’s audited consolidatedfinancial statements and related notes included in its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Annual Certain prior period amounts have been reclassified to conform to the current period presentation of our condensed consolidatedinterim financial statements. These reclassifications had no effect on the reported results of operations and ending shareholders’ equity. (c)Segment information Segment reporting is prepared on the same basis that the Company’s chief operating decision maker (the “CODM”) manages thebusiness, makes operating decisions and assesses the Company’s performance. The Company has determined that it has one operatingsegment and therefore one reportable segment, which is comprised of ope