Cronos Group Inc. Files 2024 DEF 14A

Ticker: CRON · Form: DEF 14A · Filed: 2025-04-25T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: CRON

TL;DR

Cronos Group (CRON) filed its 2024 proxy statement, detailing exec pay and equity awards. Look for details on Gorenstein and Schmidt.

AI Summary

Cronos Group Inc. filed its DEF 14A on April 25, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and other corporate governance matters. Key financial periods reported include the fiscal years 2024, 2023, and 2022, with specific data points related to equity awards granted to both PEO (Principal Executive Officer) and Non-PEO NEOs (Non-Principal Executive Officer Named Executive Officers).

Why It Matters

This filing provides crucial insights into how Cronos Group Inc. compensates its top executives, which can influence investor decisions and perceptions of the company's financial health and management strategy.

Risk Assessment

Risk Level: medium — DEF 14A filings are routine but can reveal significant information about executive compensation, potential conflicts of interest, and shareholder proposals that could impact the company's future performance.

Key Numbers

2024 — Fiscal Year End (Primary period covered by the filing)
2023 — Prior Fiscal Year (Comparative financial data)
2022 — Prior Fiscal Year (Comparative financial data)

Key Players & Entities

Cronos Group Inc. (company) — Filer of the DEF 14A
2024-12-31 (date) — Fiscal year end
20250425 (date) — Filing date
Gorenstein (person) — Executive mentioned in relation to equity awards
Schmidt (person) — Executive mentioned in relation to equity awards

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 executives mentioned in relation to equity awards for Cronos Group Inc. in this filing?

The filing mentions 'GorensteinMember' and 'SchmidtMember' in the context of equity awards for the fiscal years 2024, 2023, and 2022.

What is the fiscal year end for Cronos Group Inc. as reported in this DEF 14A?

The Conformed Period of Report is 20241231, indicating the fiscal year ends on December 31, 2024.

When was this DEF 14A filing submitted to the SEC?

The filing was submitted on April 25, 2025, as indicated by the 'FILED AS OF DATE: 20250425'.

What type of products does Cronos Group Inc. operate within, according to its SIC code?

Cronos Group Inc. is classified under MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833].

From the Filing

0001656472-25-000050.txt : 20250425 0001656472-25-000050.hdr.sgml : 20250425 20250425163421 ACCESSION NUMBER: 0001656472-25-000050 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 21 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250425 DATE AS OF CHANGE: 20250425 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 EIN: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38403 FILM NUMBER: 25874698 BUSINESS ADDRESS: STREET 1: 4491 CONCESSION RD 12 CITY: STAYNER STATE: A6 ZIP: L0M 1S0 BUSINESS PHONE: (416) 504-0004 MAIL ADDRESS: STREET 1: 6D - 7398 YONGE ST STREET 2: PMB 732 CITY: THORNHILL STATE: A6 ZIP: L4J 8J2 FORMER COMPANY: FORMER CONFORMED NAME: PharmaCan Capital Corp. DATE OF NAME CHANGE: 20151021 DEF 14A 1 cron-20250423.htm DEF 14A cron-20250423 0001656472 DEF 14A FALSE iso4217:USD 0001656472 2024-01-01 2024-12-31 0001656472 2023-01-01 2023-03-31 0001656472 cron:GorensteinMember 2024-01-01 2024-12-31 0001656472 cron:GorensteinMember 2023-01-01 2023-12-31 0001656472 2023-01-01 2023-12-31 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 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:GorensteinMember 2024-01-01 2024-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001656472 cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:GorensteinMember 2023-01-01 2023-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001656472 cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:GorensteinMember 2022-01-01 2022-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:SchmidtMember 2022-01-01 2022-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001656472 cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:SchmidtMember 2021-01-01 2021-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001656472 cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:GorensteinMember 2020-01-01 2020-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember cron:SchmidtMember 2020-01-01 2020-12-31 0001656472 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001656472 cron:FairValueOfEquityAwardsGrantedInPriorFiscalYearAndForfeitedInCurrentFiscalYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001656472 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember cron:GorensteinMember 2024-01-01 2024-12-31 0001656472 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember cron:GorensteinMember 2024-01-01 2024-12-31 0001656472 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoN