Cronos Group Inc. Files 2023 Annual Proxy Statement
Ticker: CRON · Form: DEF 14A · Filed: 2024-04-26T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: CRON
TL;DR
Cronos Group DEF 14A out - exec comp details for 2023, shareholder votes coming up.
AI Summary
Cronos Group Inc. filed its DEF 14A on April 26, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation and corporate governance matters. Key individuals mentioned in relation to compensation include members like Gorenstein and Schmidt, with data points related to equity awards granted and forfeited.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation, director elections, and other important corporate governance matters, enabling informed voting decisions.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine but can reveal changes in executive compensation, board composition, or shareholder proposals that may impact investor sentiment and stock performance.
Key Numbers
- 20231231 — Fiscal Year End (Reporting period for the DEF 14A)
- 20240426 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- Cronos Group Inc. (company) — Filer of the DEF 14A
- Gorenstein (person) — Member mentioned in compensation data
- Schmidt (person) — Member mentioned in compensation data
- PharmaCan Capital Corp. (company) — Former company name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
Who are the key individuals mentioned in relation to compensation data in this filing?
The filing mentions individuals identified as 'GorensteinMember' and 'SchmidtMember' in the context of compensation and equity awards for fiscal years including 2023.
What was Cronos Group Inc.'s former company name?
Cronos Group Inc.'s former company name was PharmaCan Capital Corp., with a date of name change on October 21, 2015.
What is the fiscal year end for Cronos Group Inc. as reported in this filing?
The fiscal year end for Cronos Group Inc. is December 31, as indicated by the 'CONFORMED PERIOD OF REPORT: 20231231'.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on April 26, 2024, as indicated by the 'FILED AS OF DATE: 20240426'.
From the Filing
0001656472-24-000055.txt : 20240426 0001656472-24-000055.hdr.sgml : 20240426 20240426163111 ACCESSION NUMBER: 0001656472-24-000055 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240426 DATE AS OF CHANGE: 20240426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cronos Group Inc. CENTRAL INDEX KEY: 0001656472 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38403 FILM NUMBER: 24884394 BUSINESS ADDRESS: STREET 1: 111 PETER STREET STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M5V 2H1 BUSINESS PHONE: (416) 504-0004 MAIL ADDRESS: STREET 1: 111 PETER STREET STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M5V 2H1 FORMER COMPANY: FORMER CONFORMED NAME: PharmaCan Capital Corp. DATE OF NAME CHANGE: 20151021 DEF 14A 1 cron-20240426.htm DEF 14A cron-20240426 0001656472 DEF 14A FALSE 0001656472 2023-01-01 2023-12-31 0001656472 2022-01-01 2022-03-31 0001656472 cron:GorensteinMember 2023-01-01 2023-12-31 iso4217:USD 0001656472 cron:GorensteinMember 2022-01-01 2022-12-31 0001656472 cron:SchmidtMember 2022-01-01 2022-12-31 0001656472 2022-01-01 2022-12-31 0001656472 cron:SchmidtMember 2021-01-01 2021-12-31 0001656472 2021-01-01 2021-12-31 0001656472 cron:GorensteinMember 2020-01-01 2020-12-31 0001656472 cron:SchmidtMember 2020-01-01 2020-12-31 0001656472 2020-01-01 2020-12-31 0001656472 cron:GorensteinMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001656472 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2023-01-01 2023-12-31 0001656472 ecd:NonPeoNeoMember cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember 2023-01-01 2023-12-31 0001656472 cron:GorensteinMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001656472 cron:SchmidtMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001656472 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2022-01-01 2022-12-31 0001656472 ecd:NonPeoNeoMember cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember 2022-01-01 2022-12-31 0001656472 cron:SchmidtMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001656472 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2021-01-01 2021-12-31 0001656472 ecd:NonPeoNeoMember cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember 2021-01-01 2021-12-31 0001656472 cron:GorensteinMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2020-01-01 2020-12-31 0001656472 cron:SchmidtMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2020-01-01 2020-12-31 0001656472 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2020-01-01 2020-12-31 0001656472 ecd:NonPeoNeoMember cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember 2020-01-01 2020-12-31 0001656472 cron:GorensteinMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0001656472 cron:GorensteinMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001656472 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2023-01-01 2023-12-31 0001656472 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2023-01-01 2023-12-31 0001656472 cron:GorensteinMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-01-01 2022-12-31 0001656472 cron:GorensteinMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0001656472 cron:SchmidtMember ecd:YrEn