About The Cronos Group
The Cronos Group is a company based in Toronto (Canada) founded in 2013. The Cronos Group has raised $137.46 thousand across 4 funding rounds from investors including Canadian Imperial Bank of Commerce, BMO and Altria. The company has 459 employees as of December 31, 2024. The Cronos Group offers products and services including Cannabis Products and Branded Goods.
- Headquarter Toronto, Canada
- Employees 459 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cronos Group Inc
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Annual Revenue
$111.99 M (USD)36.84as on Dec 31, 2024
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Net Profit
$39.12 M (USD)0as on Dec 31, 2024
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EBITDA
-$46.83 M (USD)30.71as on Dec 31, 2024
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Total Equity Funding
$137.46 K (USD)
in 4 rounds
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Latest Funding Round
$1.8 B (USD), Post-IPO
Mar 08, 2019
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Investors
Canadian Imperial Bank of Commerce
& 2 more
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Employee Count
459
as on Dec 31, 2024
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IPO & Listings of The Cronos Group
The Cronos Group is a publicly listed company on the TSX with ticker symbol CRON in Canada, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of The Cronos Group
The Cronos Group offers a comprehensive portfolio of products and services, including Cannabis Products and Branded Goods.
Cannabis products are developed and distributed by Cronos Group through research and technology advancements for consumer use
Branded goods are marketed by Cronos Group under various labels to promote reliability and transparency in the industry
People of The Cronos Group
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Software Development Team
13 people
Finance and Accounting
12 people
Leadership Team
11 people
Sales and Marketing
9 people
Senior Team
8 people
Legal and Compliance
6 people
Human Resources and Administration
4 people
Global Team
2 people
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Funding Insights of The Cronos Group
The Cronos Group has successfully raised a total of $137.46K across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.8 billion completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in The Cronos Group
The Cronos Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, BMO and Altria.
| Investor | Description | Founded Year | Domain | Location |
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Tobacco products are manufactured and distributed by Altria through subsidiaries.
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Locked | Locked | Locked | |
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BMO is recognized as a leading financial services provider in Canada.
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Commercial banking services are provided to individuals and businesses.
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Locked | Locked | Locked |
Investor details for The Cronos Group
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Investments & Acquisitions by The Cronos Group
Investment portfolio details for The Cronos Group
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Financial Statements - The Cronos Group
Detailed financials for The Cronos Group
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The Cronos Group Comparisons
Peer comparison for The Cronos Group
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Competitors of The Cronos Group
Detailed competitors of The Cronos Group
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Latest news on The Cronos Group
Complete news archive for The Cronos Group
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Frequently Asked Questions about The Cronos Group
The Cronos Group was founded in 2013 and raised its 1st funding round 1 year after it was founded.
The Cronos Group is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Michael Gorenstein is the current CEO of The Cronos Group.
The Cronos Group is a funded company, having raised a total of $137.46K across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at The Cronos Group is 459.
Annual revenue of The Cronos Group is $111.99M as on Dec 31, 2024.
The Cronos Group was founded in 2013 and is headquartered in Toronto, Canada. As a licensed producer in the cannabis sector, operations focus on manufacturing and distributing medicinal cannabis and related products. These items are offered under the companys brand across multiple international production and distribution facilities.
The Cronos Group offers Cannabis Products and Branded Goods.
Yes, The Cronos Group is publicly traded on TSX under the ticker symbol CRON.
The Cronos Group has 3 investors. Key investors include Canadian Imperial Bank of Commerce, BMO, and Altria.
The ticker symbol of The Cronos Group is CRON on TSX.