Company intelligence / Profile preview

Cronos Group

Toronto, Ontario, Canadathecronosgroup.com ↗

Ownership: Public · CRON
Employees: ~459
Development stage: Other

Overview

Cronos Group is a leading global cannabinoid company focused on cannabis research, technology development, and commercialization. The company has achieved strong market positions in Canada and Israel with brands like Spinach® and PEACE NATURALS®, expanded into Germany and the UK through strategic partnerships, and continues to invest in R&D for next-generation cannabinoid products. In 2024 it reported $117.6 million in revenue (+35% YoY), driven by both recreational/adult-use sales in Canada and medical cannabis sales internationally[6][8].

Therapeutic areas: OtherPsychiatry
Modalities: Small moleculePlant-derived products
Industry: Non-Drug Biotech

Partnerships

Ginkgo Bioworks – biosynthetic cannabinoid R&D partnershipCansativa – distribution partner in GermanyGROW Pharma – distribution partner in UKVitura – distribution partner in Australia

Financials

Market cap: $1.4B
Total revenue: $149.2M
Enterprise value: $630.5M

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