Cronos Group Inc. Announces Results of Reconvened 2024 Annual Meeting of Shareholders

Rhea-AI Summary

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has announced the results of its reconvened 2024 Annual Meeting of Shareholders held on July 19, 2024. The key highlight is the overwhelming approval of Davidson & Company LLP as the Company's independent auditor for fiscal year 2024, with approximately 98.6% of shareholders voting in favor. This decision also authorizes the Board of Directors to determine the auditor's remuneration.

Shareholders interested in the complete voting results can access the Report of Voting Results on the Company's SEDAR+ profile and the Form 8-K filed on EDGAR. This high approval rate suggests strong shareholder confidence in the company's choice of auditor and financial oversight.

Positive

• 98.6% shareholder approval for the appointment of independent auditor
• Successful completion of Annual Meeting of Shareholders

Negative

• None.

TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July 19, 2024, approximately 98.6% of shareholders voting in person or by proxy approved the appointment of Davidson & Company LLP as the Company’s independent auditor for fiscal year 2024 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 an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. 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® and Lord Jones®. For more information about Cronos and its brands, please visit: thecronosgroup.com.

For further information, please contact:
Shayne Laidlaw
Investor Relations
Tel: (416) 504-0004
investor.relations@thecronosgroup.com 

FAQ

What was the main outcome of Cronos Group's 2024 Annual Meeting of Shareholders?

The main outcome was the approval of Davidson & Company LLP as Cronos Group's independent auditor for fiscal year 2024, with 98.6% of shareholders voting in favor.

When was Cronos Group's (CRON) 2024 Annual Meeting of Shareholders held?

Cronos Group's 2024 Annual Meeting of Shareholders was reconvened on July 19, 2024.

What percentage of Cronos Group (CRON) shareholders approved the appointment of the independent auditor?

Approximately 98.6% of Cronos Group shareholders voting in person or by proxy approved the appointment of Davidson & Company LLP as the independent auditor.

Where can investors find the complete voting results for Cronos Group's (CRON) 2024 Annual Meeting?

Complete voting results can be found in the Report of Voting Results on Cronos Group's SEDAR+ profile and in the Form 8-K filed on EDGAR.