Mike Gorenstein

CEO and Chairman of Cronos Group (NASDAQ: CRON)

[Cronos Group @cronosgroup]

ICYMI — Last week, we reported Cronos' 2026 Q1 Results. Read our press release to learn more about our record-breaking quarter: https://t.co/JDXfCAD7YO

$CRON $CRON.TO

[Cronos Group @cronosgroup]

Today, Cronos announced its 2026 First Quarter Results.

Read through for some highlights from a record quarter for Cronos:

[Mike Gorenstein @mgorenst]

Best of both worlds is to just get your mom Spinach flower :)

[Cronos Group @cronosgroup]

Flowers are beautiful, but this Mother’s Day, let mom kick back, relax, and get lifted with Spinach®. 🌿

Happy Mother’s Day!

https://t.co/4zNsy8kUVo

[Mike Gorenstein @mgorenst]

@HammanShares Centimetering*** toward mainstream :)

[Mike Gorenstein @mgorenst]

Thanks Bart, short term stock price movements are hard to predict and can be influenced by a lot of different factors. As a long term holder with the overwhelming majority of my net worth invested in the stock, I just chalk it up to the market being inefficient. I don’t believe the price today reflects the value of the company, and that is why we have an active buy back in place - so that long term shareholders benefit from that price dislocation.

[Cronos Group @cronosgroup]

It was an honour to welcome MPP @BrianSaunderson and @ClearviewMayor Doug Measures to our Peace Naturals facility today in Stayner, Ontario. Our team loved giving them a firsthand look at how we produce our Spinach® and Lord Jones® products, and we’re incredibly proud that these products are manufactured and packaged by a dedicated Ontario workforce.

The cannabis sector is a massive economic engine, employing more than 200,000 Canadians. We take great pride in being at the forefront of this growth, investing in our community, fostering great jobs, and setting the standard for high-quality cannabis in the legal market. A huge thank you to our local leaders for their engagement and support!

[Mike Gorenstein @mgorenst]

Thanks for having us on to discuss the Israeli Market! Great convo and worth a look for anyone interested in a big market most don’t focus on.

[Pablo Zuanic @420Odysseus]

LIVE ON Z&A: Israel Market Outlook, Import & Export Potential @INTER_CURE $INCR $INCR.U @cronosgroup @mgorenst $CRON Pablo Zuanic @420Odysseus #Cannabis #cannabisindustry https://t.co/gJL3eutZ2m

[Mike Gorenstein @mgorenst]

Thanks for having us on to discuss the Dutch cannabis market and our recent acquisition. Always a pleasure!

[Pablo Zuanic @420Odysseus]

LIVE WITH Z&A: The Dutch Experiment Update @cronosgroup $CRON @mgorenst #Netherlands #Cannabis #cannabisindustry @vocnederland Pablo Zuanic @420Odysseus https://t.co/pgMjoCtgyX

[Mike Gorenstein @mgorenst]

1) While the regs aren’t certain in perpetuity, we have some certainty at least through the life of the Wietexperiment, which makes it possible to model a base case payback.

2) from a distribution perspective, cannabis has been retailed openly in the Netherlands in a regulated/tolerated way for almost 50 years, so there’s a pretty long track record. Different than a medical market with pharmacy sales turning rec one day for example. I don’t see the coffee shops, which are municipally licensed/permitted, going away.

3) It would benefit all stakeholders to at a minimum continue allowing the municipalities that are part of the experiment to keep purchasing transparent, lab tested, regulated legal product. I’m very optimistic the data from the experiment will show the benefits of expanding legalization to the rest of the country. And with the recent election outcome, I think you’ll continue to see support.

[Mike Gorenstein @mgorenst]

Extremely excited to announce our entry into the Netherlands. I remember going to a coffee shop in Amsterdam 15 years ago and being intrigued by the idea of the legal cannabis industry. And now it will come full circle with us being the largest supplier in the legal Dutch market!

[Cronos Group @cronosgroup]

Cronos to enter the Netherlands with acquisition of Europe’s largest adult-use cannabis company https://t.co/UUc8ax264p

[Cronos Group @cronosgroup]

Something new and exciting is coming from the Spinach® brand… Full Pufferz Mode is loading.

Stay tuned for more info in December!

[StratCann🌱 @StratCann]

Cronos Group achieves record net revenue in Q3 2025 https://t.co/kOxDzGJ5hM

[Cronos Group @cronosgroup]

Today, Cronos reported its 2025 Third Quarter Results.

Some highlights from Q3 include:
-         Achieved record levels of consolidated net revenue, gross profit and Adjusted EBITDA
-         Net revenue in Q3 2025 increased by 9% quarter-over-quarter and 6% year-over-year
-         Generated record-high net revenue in Israel, where PEACE NATURALS® remains the number one cannabis brand
-         Industry-leading balance sheet with $824 million in total cash and cash equivalents and short-term investments

Read more about our 2025 Q3 results here: https://t.co/wzm5ZbhEgH

[Mike Gorenstein @mgorenst]

@tweetottolee @WeedStreet420 Just waiting for someone to point me to a trading platform I can buy OTM 0DTE options on some. Any suggestions? YOLO 💎 🙌

[Mike Gorenstein @mgorenst]

@RajGrover_HITI Congrats!

[Mike Gorenstein @mgorenst]

Just to clarify we hold mostly USD. You are correct about reported EPS distortion because of currency swings, but that is because for reporting purposes we have to translate USD to CAD (because it’s our base operational currency) and then translate back to USD. Our USD in terms of US Dollars hasn’t really changed as you can see when comparing QoQ cash balance.

And I think your other point is actually that compared to our hard assets the operating business is small. Our EV has for the most part been negative over the past year. So our EV is actually quite small. In fact, if you look at all the cannabis companies we have the lowest EV!

So I agree - you’re not buying a business. You’re buying a cash box at a discount and getting the business and other assets for free. And that’s why we have a buy back in place :)

[Mike Gorenstein @mgorenst]

Great question - bear with me, I’m gonna need more than 140 characters to explain for people that aren’t familiar with how provincial boards (government buyers) work in Canada. Using Ontario as an example, an LP sells to the OCS and then retailers purchase from the OCS. The OCS scores LPs on how good of a supplier they are, which impacts how the OCS orders from the LP across the board.

One important metric LPs are scored on is fill rate (it’s not just demand or market share). So if you have $10M in demand one year and supply $10M, you get a perfect score on fill rate. If the next year you have $100M in demand and you double your supply to $20M, you get a terrible score on your fill rate. Even though you have doubled the amount you supplied, from the OCS perspective you went from a 100% fill rate to a 20% fill rate. That means you are not a reliable supplier. If you can’t increase your supply or decrease your demand, you become at risk of losing the listing.

With that background, and that we are set to expand capacity at growco by 70%, you have to zoom out a year and look at what we did with pricing. We essentially raised price to try to moderate demand in order to maintain listings. Then in advance of the supply coming on, we reverted back to Spinach’s natural price to begin building demand up. This allows us to place the supply as it comes online versus a heavy inventory build and having product that isn’t fresh and up to our brand standard.

[Mike Gorenstein @mgorenst]

Proud of our team!

[Cronos Group @cronosgroup]

Today, Cronos reported its 2025 Second Quarter Results.

Some highlights from Q2 include:
- Net revenue in Q2 2025 increased by 21% year-over-year
- PEACE NATURALS® retained its position as the number one cannabis brand in Israel

[Mike Gorenstein @mgorenst]

@JoeRetail2 Never be insulted by a great opportunity 😉🤫

[Mike Gorenstein @mgorenst]

Guy who just landed in Berlin on the redeye to make sure there’s plenty of good weed available for German patients :)

[Cronos: The New Dawn | Lazarus DLC Announced! @CronosNewDawn]

Any guesses who is the character revealed by our friend @HollowPoiint?

Wrong answers only😉

#BlooberTeam #CronosNewDawn

[Mike Gorenstein @mgorenst]

@jfberke @wind4me @CultivatedNews @curaleaf @Boris_Jordan As long as no one ever comes for the property tax sounds like a good deal