Lord Jones® Live Resin Vapes and Ice Water Hash Pre-Rolls Now Available Across Canada
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is expanding its Lord Jones® brand portfolio in Canada with new cannabis product innovations. The company has introduced new cultivars for Lord Jones® Ice Water Hash Fusions Pre-Rolls and Live Resin Vapes, now available nationwide. Since its Canadian launch in November 2023, Ice Water Hash Fusions Pre-Rolls have become the best-selling hash-infused pre-rolls in the country. As of July 2024, Lord Jones® has also become the third best-selling live resin vape brand in Canada.
New offerings include Sour Blueberry and Snow Lotus x Animal Mints pre-rolls, featuring 35-41% THC content. The Live Resin Vapes, available in all-in-one devices and 510-cartridges, offer 70+% THC with the new Gorilla Z flavor. These products aim to provide premium, potent experiences for adult consumers, reinforcing Cronos' commitment to product innovation in the Canadian cannabis market.
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) sta espandendo il proprio portfolio di prodotti del marchio Lord Jones® in Canada con nuove innovazioni nel settore della cannabis. L'azienda ha introdotto nuovi cultivar per i Lord Jones® Ice Water Hash Fusions Pre-Rolls e Live Resin Vapes, ora disponibili a livello nazionale. Dalla sua lancio in Canada nel novembre 2023, gli Ice Water Hash Fusions Pre-Rolls sono diventati i pre-rolls con hash-infuso più venduti nel paese. A partire da luglio 2024, Lord Jones® è diventato anche il terzo marchio di live resin vape più venduto in Canada.
Le nuove offerte includono i pre-rolls Sour Blueberry e Snow Lotus x Animal Mints, con un contenuto di THC del 35-41%. Le Live Resin Vapes, disponibili in dispositivi all-in-one e cartucce da 510, offrono oltre il 70% di THC con il nuovo sapore Gorilla Z. Questi prodotti mirano a fornire esperienze premium e potenti per i consumatori adulti, rafforzando l'impegno di Cronos per l'innovazione del prodotto nel mercato canadese della cannabis.
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) está expandiendo su portafolio de marca Lord Jones® en Canadá con nuevas innovaciones en productos de cannabis. La empresa ha introducido nuevos cultivares para los Lord Jones® Ice Water Hash Fusions Pre-Rolls y Live Resin Vapes, ahora disponibles en todo el país. Desde su lanzamiento en Canadá en noviembre de 2023, los Ice Water Hash Fusions Pre-Rolls se han convertido en los pre-rolls infusionados con hash más vendidos en el país. A partir de julio de 2024, Lord Jones® también se ha convertido en la tercera marca de live resin vape más vendida en Canadá.
Las nuevas ofertas incluyen pre-rolls de Sour Blueberry y Snow Lotus x Animal Mints, con un contenido de THC del 35-41%. Los Live Resin Vapes, disponibles en dispositivos todo en uno y cartuchos de 510, ofrecen más del 70% de THC con el nuevo sabor Gorilla Z. Estos productos tienen como objetivo proporcionar experiencias premium y potentes para los consumidores adultos, reforzando el compromiso de Cronos con la innovación de productos en el mercado canadiense de cannabis.
크로노스 그룹 주식회사 (NASDAQ: CRON) (TSX: CRON)는 캐나다에서 로드 존스(Lord Jones®) 브랜드 포트폴리오를 새로운 대마초 제품 혁신으로 확장하고 있습니다. 이 회사는 이제 전국적으로 제공되는 로드 존스® 아이스 워터 해시 퓨전 프리 롤(Lord Jones® Ice Water Hash Fusions Pre-Rolls) 및 라이브 레진 베이프(Live Resin Vapes)의 새로운 품종을 도입했습니다. 2023년 11월 캐나다 출시 이후, 아이스 워터 해시 퓨전 프리 롤은 국내에서 가장 많이 팔리는 해시 주입 프리 롤이 되었습니다. 2024년 7월 현재, 로드 존스는 캐나다에서 세 번째로 많이 팔리는 라이브 레진 베이프 브랜드로 자리 잡았습니다.
신제품에는 35-41% THC 함량을 자랑하는 사워 블루베리(Sour Blueberry)와 스노우 로터스 x 애니멀 민트(Snow Lotus x Animal Mints) 프리 롤이 포함됩니다. 올인원 장치와 510 카트리지로 제공되는 라이브 레진 베이프는 새로운 고릴라 Z(Gorilla Z) 맛으로 70% 이상의 THC를 제공합니다. 이러한 제품들은 성인 소비자에게 프리미엄하고 강력한 경험을 제공하는 것을 목표로 하며, 캐나다 대마초 시장에서 제품 혁신에 대한 크로노스의 의지를 강화합니다.
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) élargit son portefeuille de marques Lord Jones® au Canada avec de nouvelles innovations en matière de produits de cannabis. La société a lancé de nouveaux cultivars pour les Lord Jones® Ice Water Hash Fusions Pre-Rolls et Live Resin Vapes, désormais disponibles à l'échelle nationale. Depuis son lancement au Canada en novembre 2023, les Ice Water Hash Fusions Pre-Rolls sont devenus les pré-rolls infusés de hash les plus vendus du pays. À partir de juillet 2024, Lord Jones® est également devenu la troisième marque de live resin vape la plus vendue au Canada.
Les nouvelles offres comprennent des pré-rolls Sour Blueberry et Snow Lotus x Animal Mints, avec un taux de THC de 35-41%. Les Live Resin Vapes, disponibles en dispositifs tout-en-un et en cartouches de 510, offrent plus de 70% de THC avec la nouvelle saveur Gorilla Z. Ces produits visent à fournir des expériences premium et puissantes pour les consommateurs adultes, renforçant l'engagement de Cronos envers l'innovation produit sur le marché canadien du cannabis.
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) erweitert sein Lord Jones® Markenportfolio in Kanada mit neuen Cannabisproduktinnovationen. Das Unternehmen hat neue Sorten für die Lord Jones® Ice Water Hash Fusions Pre-Rolls und Live Resin Vapes eingeführt, die nun landesweit erhältlich sind. Seit seiner Markteinführung in Kanada im November 2023 sind die Ice Water Hash Fusions Pre-Rolls die meistverkauften Hash-infused Pre-Rolls im Land geworden. Ab Juli 2024 ist Lord Jones® auch die drittmeistverkaufte Live Resin Vape-Marke in Kanada geworden.
Zu den neuen Angeboten gehören Sour Blueberry und Snow Lotus x Animal Mints Pre-Rolls mit einem THC-Gehalt von 35-41%. Die Live Resin Vapes, erhältlich in All-in-One-Geräten und 510-Kartuschen, bieten über 70% THC mit dem neuen Gorilla Z Geschmack. Diese Produkte zielen darauf ab, Premium- und kraftvolle Erlebnisse für erwachsene Verbraucher zu bieten, und stärken Cronos' Engagement für Produktinnovation im kanadischen Cannabis-Markt.
- Lord Jones® Ice Water Hash Fusions Pre-Rolls have become the best-selling hash-infused pre-rolls in Canada since November 2023 launch
- Lord Jones® has become the third best-selling live resin vape brand in Canada as of July 2024
- New product offerings include high-potency options with 35-41% THC for pre-rolls and 70+% THC for vapes
- Expansion of product line with new cultivars and flavors to cater to diverse consumer preferences
- None.
Insights
The expansion of Cronos Group's Lord Jones® product line in Canada represents a strategic move to capitalize on the brand's early success. Since its Canadian launch in November 2023, Lord Jones® has quickly become a market leader in hash-infused pre-rolls and live resin vapes, ranking first and third respectively in their categories.
This product expansion, featuring new cultivars and flavors, aims to solidify the brand's market position and potentially increase its market share. The focus on premium, high-potency products (35-41% THC for pre-rolls and 70%+ THC for vapes) aligns with consumer trends favoring potent, experience-driven cannabis products.
While this news indicates positive momentum for Cronos in the Canadian cannabis market, investors should note that sustained success will depend on continued innovation and the ability to maintain product quality and brand appeal in a competitive landscape.
Cronos Group's expansion of the Lord Jones® product line could potentially boost revenue and market share in the competitive Canadian cannabis market. The brand's rapid ascent to market leadership in specific categories suggests strong consumer acceptance and potential for growth.
However, investors should consider that product expansions often involve increased costs for R&D, production and marketing. The impact on Cronos's bottom line will depend on profit margins for these premium products and the efficiency of their production and distribution.
While this news is positive, it's important to note that the cannabis industry remains volatile, with regulatory challenges and intense competition. Investors should monitor Cronos's future financial reports to assess the actual impact of this product expansion on revenue and profitability.
TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) is expanding its portfolio for its Lord Jones® brand with new innovations to bolster its lineup of premium cannabis products in the Canadian market. The additions include new cultivars for the Lord Jones® Ice Water Hash Fusions Pre-Rolls and Live Resin Vapes, which are now available across Canada.
Since the brand’s launch in Canada in November 2023, Ice Water Hash Fusions Pre-Rolls have become the best-selling hash-infused pre-rolls in the country1. Curated with flower and terpene-rich ice water hash and fitted with a branded ceramic tip designed to cool the smoke, these 1g pre-rolls provide an elevated experience. The brand’s live resin vapes are designed to deliver a premium and highly potent vape experience at
The Lord Jones® Ice Water Hash Fusions Pre-Rolls and Live Resin Vapes are now available in the following new flavors and sizes:
Lord Jones® Ice Water Hash Fusions Pre-Rolls:
- Sour Blueberry x Sour Blueberry
- 1g ice water hash flower pre-roll with blueberry and gas flavor notes.
- Indica | THC: 35
-41% | 1x1g
- Snow Lotus x Animal Mints
- 1g ice water hash flower pre-roll with sweet, minty, and spicy flavor notes.
- Hybrid | THC: 35
-41% | 1x1g
Lord Jones® Live Resin Vapes (All-in-One and 510-Cartridge):
- Gorilla Z Live Resin Vape
- A flavor-forward vape designed to boast an elevated berry, cherry, and grape flavor experience.
- Hybrid | 70+% THC
- Available in two hardware options that are optimized for live resin usage:
- A sleek 0.5g all-in-one device
- A high-quality 1g 510-thread cartridge
“These new additions to our growing portfolio of Lord Jones® innovations demonstrate our commitment to delivering exceptional and truly differentiated products to the Canadian market,” said Mike Gorenstein, Chairman, President and CEO, Cronos. “We are thrilled by the enthusiastic response to the Lord Jones® brand after nearly one year in Canada, and we’re excited to launch future innovations that will introduce adult consumers to new and unique ways to experience and enjoy cannabis.”
To learn more about Lord Jones® products, visit us online at https://lordjones.ca/, and follow us on Instagram at instagram.com/thelordjones.
1 Hifyre POS Data – July 2024
About Cronos Group Inc.
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.
Forward-looking Statements
This press release may contain information that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws and court decisions (collectively, “Forward-looking Statements”). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. Some of the Forward-looking Statements contained in this press release include statements about new and future product launches; product innovation; the consumer experience with respect to new and future product launches and innovations; and Cronos’ intention to build an international iconic brand portfolio and develop disruptive intellectual property by advancing cannabis research, technology and product development. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks. Financial results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and the Company’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024 and June 30, 2024, each of which has been filed on SEDAR+ and EDGAR and can be accessed at www.sedarplus.ca and www.sec.gov/edgar, respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement.
For further information, please contact:
Media Relations Contact:
Emily Whalen
Communications
Tel: (416) 504-0004
media.relations@thecronosgroup.com
Investor Relations Contact:
Shayne Laidlaw
Investor Relations
Tel: (416) 504-0004
investor.relations@thecronosgroup.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d10ae738-043d-4706-a6b9-9252461813ad
https://www.globenewswire.com/NewsRoom/AttachmentNg/beef01bc-3c67-479e-ad76-1f1dbb833f39
FAQ
What new products has Cronos Group (CRON) introduced under the Lord Jones® brand in Canada?
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