Press Releases June 22, 2026 05:30 PM

Cronos Group Inc. Announces Results of 2026 Annual Meeting of Shareholders

Cronos Group Inc. announces the results of its 2026 Annual Shareholders Meeting with approval of all directors and advisory votes.

By Sofia Navarro
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At the 2026 Annual Meeting, Cronos Group shareholders voted overwhelmingly to elect all board nominees and approved advisory proposals on executive compensation and auditor appointment. The company emphasized its focus on growing its global cannabis brand portfolio through innovation and consumer experience enhancement.

Cronos Group Inc. Announces Results of 2026 Annual Meeting of Shareholders
CRON
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Key Points

  • All nominated directors were elected with strong shareholder support, receiving over 93.6% of votes in favor.
  • Shareholders approved an advisory resolution on executive compensation with over 99% approval, including annual advisory votes going forward.
  • Davidson & Company LLP was confirmed as the independent auditor for fiscal year 2026.
  • The company is focused on scaling consumer cannabis products internationally, with a portfolio including Spinach®, PEACE NATURALS®, LIT™, and Lord Jones®.

TORONTO, June 22, 2026 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) today announced that at its Annual Meeting of Shareholders held on Thursday, June 18, 2026 (the “Meeting”), shareholders holding a total of 271,828,759 common shares of the Company voted in person or by proxy, representing 72.24% of the total number of common shares of the Company outstanding.

Each of the directors listed as a nominee in the Company’s definitive proxy statement dated April 24, 2026, was elected as a director of the Company, with each director receiving in excess of 93.6% of the votes cast in favor of his or her election. The detailed results of the vote for the election of directors are as follows:

Name of DirectorNumber of Shares Voted ForPercentage of Shares Voted ForNumber of Shares Withheld from VotingPercentage of Shares Withheld from VotingJason Adler220,505,353  99.42 %1,291,292  0.58 %Darren Broughton220,506,387  99.42 %1,290,258  0.58 %Murray Garnick219,627,749  99.02 %2,168,896  0.98 %Michael Gorenstein207,751,369  93.67 %14,045,276  6.33 %Dominik Meier220,426,444  99.38 %1,370,201  0.62 %James Rudyk216,463,958  97.60 %5,332,687  2.40 %Elizabeth Seegar220,476,757  99.40 %1,319,888  0.60 %


Shareholders also approved an advisory (non-binding) resolution on the compensation of the Company’s named executive officers, with 99.09% of votes cast in favor of such resolution, and voted, on an advisory (non-binding) basis, in favor of holding future advisory votes on the compensation of the Company’s named executive officers every year. Shareholders also approved the appointment of Davidson & Company LLP as the Company’s independent auditor for fiscal year 2026 and authorized the Board of Directors of the Company to fix the independent auditor's remuneration.

For complete results on all matters voted on at the Meeting, please see the Report of Voting Results filed on the Company’s SEDAR+ profile at www.sedarplus.com and the Company’s Form 8-K filed on EDGAR at www.sec.gov/edgar.

About Cronos

Cronos is a global cannabis company focused on scaling leading consumer goods products through research and development and innovation. 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®, LIT™ and Lord Jones®. For more information about Cronos and its brands, please visit: thecronosgroup.com.

For further information, please contact:
Harrison Aaron
Investor Relations
Tel: (416) 504-0004
[email protected]


Risks

  • Despite strong governance approvals, the cannabis sector faces ongoing regulatory and market uncertainty which could impact financial performance.
  • The company operates in the competitive and evolving consumer cannabis space, subject to changing consumer preferences and legal landscapes.
  • Reliance on innovation and brand building poses execution risk if market penetration targets are not met.

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