Cronos Group Inc. (CRON) Launches Delicious New Dual-Flavor Cannabis Gummies

Cronos Group Launches Scrumptious New Twin-Taste Hashish Gummies

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Firm”), pronounces the launch of SOURZ by Spinach, an thrilling new line of hashish gummies with daring and distinctive twin taste mixtures that includes proprietary taste masking know-how. SOURZ by Spinach gummies have been developed by Cronos Group’s skilled staff {of professional} cooks, meals scientists, shopper packaged items consultants and hashish leaders. The model rose to the problem of making a hashish gummy rooted within the rules of the confectionery class to ship an unparalleled style to grownup customers.

SOURZ by Spinach delivers daring fruit taste in a particular “S” formed gummy with a proprietary coating designed to offer a bitter and candy taste profile, differentiating the product and elevating the buyer expertise. Every bundle accommodates 5 gummies with 2 mg of THC in every gummy. SOURZ by Spinach gummies are designed to be shareable and simple to separate with associates.

SOURZ by Spinach gummies at the moment are out there within the following flavors:

Peach Orange – (1:1 THC:CBD)

10 mg THC & 10 mg CBD per bundle

Blue Raspberry Watermelon (Indica)

10 mg THC & less-than or equal to 0.1 mg CBD per bundle

Strawberry Mango (Sativa)

10 mg THC & less-than or equal to 0.1 mg CBD per bundle

A brand new survey commissioned by Cronos Group was designed to higher perceive the habits of grownup Canadian hashish customers and their consumption of hashish edibles. Notable analysis findings confirmed that, of the respondents who reported consuming hashish:

Virtually half (46 %) agreed hashish gummies are their favorite type of edibles to devour, in contrast with sweets (35 %) and drinks (14 %).

89 % stated gummies are amongst their prime 3 favorite types of edibles.

1 in 5 reported they’re prone to devour edibles on a primary date.

46 % reported consuming edibles throughout the pandemic with 15 % of respondents saying it was their first time making an attempt hashish.

Greater than a 3rd (38 %) stated they’d quite obtain edible gummies than a bottle of wine as a present.

“SOURZ by Spinach gummies are a game-changer within the rising edibles class and have been developed by way of in depth analysis and shopper validation,” stated Dr. Todd Abraham, Chief Innovation Officer, Cronos Group. “At Cronos Group, we’re dedicated to high quality and breakthrough innovation. We all know that style is a barrier to entry within the edibles class, so we created a product that delivers a daring and scrumptious taste expertise. This product will probably be thrilling for grownup customers who’re aware of hashish edibles in addition to those that are new to the class.”

With the present easing of pandemic restrictions, Canadians from coast to coast are lastly having fun with a enjoyable, extremely anticipated summer season and SOURZ by Spinach gummies are right here to gas summer season enjoyable with associates.

“At its core, SOURZ by Spinach gummies have been designed to reinforce the experiences folks share with their associates,” stated Jeff Jacobson, Common Supervisor of Canada and Europe, Cronos Group. “As folks take steps to soundly return to regular life this summer season, we wished to assist carry associates again collectively by serving to them rediscover the issues they love doing in good firm. We’re excited for grownup customers to expertise the scrumptious, greater, bolder edible they have been ready for.”

SOURZ by Spinach gummies are presently out there in Alberta, British Columbia, Manitoba, Ontario and Saskatchewan. For extra info, go to https://spinachcannabis.com/edibles.

About Cronos Group
Cronos Group is an progressive world cannabinoid firm with worldwide manufacturing and distribution throughout 5 continents. Cronos Group is dedicated to constructing disruptive mental property by advancing hashish analysis, know-how and product growth. With a ardour to responsibly elevate the buyer expertise, Cronos Group is constructing an iconic model portfolio. Cronos Group’s portfolio consists of PEACE NATURALS, a world wellness platform, two adult-use manufacturers, COVE and Spinach, and three U.S. hemp-derived CBD manufacturers, Lord Jones, Blissful Dance and PEACE+. For extra details about Cronos Group and its manufacturers, please go to: thecronosgroup.com.

In regards to the Analysis
Launched by Maru Public Opinion with a abstract and the information tables posted to its digital website, the survey was undertaken by the pattern and information assortment consultants at Maru/Blue. This on-line survey of three,023 randomly chosen Canadian adults, aged 19 and older (1,168 of whom have reported consuming hashish) was run from July 13 to July 15, 2021. A likelihood pattern of this dimension has an estimated margin of error (which measures sampling variability) of +/- 1.6%, 19 occasions out of 20. The outcomes have been weighted by training, age, gender and area (and in Quebec, language), in response to Canadian Census information, to make the pattern consultant of the Canadian grownup inhabitants. Discrepancies in or between totals are because of rounding.

Ahead-looking Statements
This press launch might include info which will represent “forward-looking info” or “forward-looking statements” throughout the that means of relevant Canadian and U.S. securities legal guidelines (collectively, “Ahead-looking Statements”). All info contained herein that isn’t clearly historic in nature might represent Ahead-looking Statements. In some instances, Ahead-looking Statements will be recognized by way of forward-looking terminology akin to “might”, “will”, “anticipate”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “consider” or the unfavourable of those phrases, or different comparable expressions meant to establish Ahead-looking Statements. A number of the Ahead-looking Statements contained on this press launch embody the Firm’s intention to construct a global iconic model portfolio and develop disruptive mental property. Ahead-looking Statements are essentially primarily based upon numerous estimates and assumptions that, whereas thought of affordable by administration, are inherently topic to important enterprise, financial and aggressive dangers, monetary outcomes, outcomes, efficiency or achievements expressed or implied by these Ahead-looking Statements and the Ahead-looking Statements are usually not ensures of future efficiency. A dialogue of a few of the materials dangers relevant to the Firm will be discovered within the Firm’s Annual Report on Kind 10-Ok for the 12 months ended December 31, 2020 and the Firm’s Quarterly Report on Kind 10-Q for the interval ended March 31, 2021, each of which have been filed on SEDAR and EDGAR and will be accessed at www.sedar.com and www.sec.gov/edgar, respectively. Any Ahead-looking Assertion included on this press launch is made as of the date of this press launch and, besides as required by legislation, Cronos Group disclaims any obligation to replace or revise any Ahead-looking Assertion. Readers are cautioned to not put undue reliance on any Ahead-looking Assertion.

For additional info, please contact:

Media Relations Contact:
Emily Whalen
Communications
Tel: (416) 504-0004
media.relations@thecronosgroup.com

Investor Relations Contact:
Shayne Laidlaw
Investor Relations
Tel: (416) 504-0004
investor.relations@thecronosgroup.com

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