Cronos Group Inc.
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 6, 2026
CRON$3.54-1.9%Stored close · as of Nov 9, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-11.
0001656472-26-000033
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults upon Senior SecuritiesMine Safety DisclosuresCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-06.
0001656472-26-000051
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 10 previous paragraphs and 14 current paragraphs.
8 unchanged; 2 reworded; 4 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (4)
Current report
The imposition of an anti-dumping duty or other import restriction on our imports into Israel could have a material adverse effect on our business, financial condition and results of operations.
Current report
On January 18, 2024, the Company was notified that the Trade Levies Commissioner of the Israel Ministry of Economy and Industry initiated a public investigation of alleged dumping of medical cannabis imports from Canada into Israel, which ultimately did not result in an anti-dumping duty being imposed following related governmental and judicial proceedings.
Current report
In June 2026, the Trade Levies Commissioner initiated a new investigation concerning alleged dumping of medical cannabis imports from Canada into Israel. On July 28, 2026, the Commissioner terminated that investigation on procedural grounds. The termination was not based on a substantive determination of the merits and did not preclude another complaint or the initiation of a new investigation. On July 30, 2026, a new complaint concerning imports of medical cannabis from Canada was filed on behalf of the Israeli domestic industry. On August 2, 2026, the Commissioner notified the Government of Canada that the new complaint contained sufficient prima facie evidence of dumping, material injury to the domestic industry and a causal link between the alleged dumping and injury. On August 5, 2026, the Commissioner notified the Company of the initiation of a new investigation. The Company cannot predict the timing or outcome of the new investigation or any related proceeding, or whether any provisional or final anti-dumping duty or other import restriction will ultimately be imposed.
Current report
If an anti-dumping duty or any other import restriction is imposed on the Company’s imports, our ability to continue to import cannabis into Israel, the performance of our business in Israel, and our results of operations, financial condition, business and prospects could be materially and adversely impacted.
Reworded paragraphs (2)
Previous wording
An investment in us involves a number of risks. A detailed discussion of our risk factors appears in Part I, Item 1A. Risk Factors of the Annual Report. Any of the matters highlighted in the risk factors described in the Annual Report could adversely affect our business, results of operations and financial condition, causing an investor to lose all, or part of, its, his or her investment. These risks and uncertainties are those we currently believe to be material, but they are not the only ones we face. If any of these risks and uncertainties, or any other risks and uncertainties that we have not yet identified or that we currently consider not to be material, actually occur or become material risks, our business, prospects, financial condition, results of operations and cash flows and consequently the price of our securities could be materially and adversely affected.
Current wording
An investment in us involves a number of risks. A detailed discussion of our risk factors appears in Part I, Item 1A. Risk Factors of the Annual Report. Except as set forth below, there have been no material changes to the risk factors disclosed in the Annual Report. Any of the matters highlighted in the risk factors described in the Annual Report or below could adversely affect our business, results of operations and financial condition, causing an investor to lose all, or part of, the investor’s investment. These risks and uncertainties are those we currently believe to be material, but they are not the only ones we face. If any of these risks and uncertainties, or any other risks and uncertainties that we have not yet identified or that we currently consider not to be material, actually occur or become material risks, our business, prospects, financial condition, results of operations and cash flows and consequently the price of our securities could be materially and adversely affected.
Previous wording
(i)On May 7, 2025, the Company was authorized by the Board to purchase up to $50,000 of the Company’s common shares under a share repurchase program announced on May 8, 2025. During the three months ended March 31, 2026, the Company repurchased $16,730 of its common shares, including $272 of excise taxes. The repurchase program is expected to terminate on May 13, 2026, unless earlier terminated. Subsequent to March 31, 2026, the Board authorized a new share repurchase program intended to succeed the Company’s existing share repurchase program. See Note 15, “Subsequent Events.”
Current wording
(i)On May 7, 2025, the Company was authorized by the Board to purchase up to $50.0 million of the Company’s common shares under a share repurchase program announced on May 8, 2025, which commenced on May 14, 2025 and expired on May 13, 2026. On May 8, 2026, the Company was authorized by the Board to purchase up to $50.0 million of the Company’s common shares under a new share repurchase program that commenced on May 14, 2026. During the three months ended June 30, 2026, the Company repurchased 5,888,170 common shares for an aggregate price of $16.1 million, including $0.3 million of excise taxes. The remaining dollar value and maximum number of shares shown for May and June 2026 relate solely to the current share repurchase program. The current repurchase program is expected to expire on May 13, 2027, unless earlier terminated.