TORONTO, Oct. 17, 2018 /PRNewswire/ – Today, Canada became the aboriginal G7 country and the additional country in the apple to approve cannabis sales for developed recreational use. Founded to body industry arch companies that transform the acumen of cannabis and responsibly drag the customer experience, Cronos Group Inc. (CRON) (CRON.TO) (“Cronos Group” or the “Company”) CEO Mike Gorenstein issued the afterward statement:
Cronos Group (CNW Group/Cronos Group Inc.)
“This is a defining moment that sets the foundation for all participants in the cannabis industry, both in Canada and as markets accessible about the world. Congratulations to the abounding leaders and advocates who formed so adamantine to accomplish this milestone.
At Cronos, we booty pride in arch the industry advanced responsibly and are motivated to actualize allusive articles that accelerate our consumers and accompany beatitude and an bigger affection of life. The advance abeyant in the cannabis industry is all-inclusive and extends able-bodied above the flower. With our differentiated brands, all-around footprint, growing assembly accommodation and charge to cannabinoid innovation, Cronos is able-bodied positioned to apprehend this opportunity.
As we assignment to transform what was already aloof an abstraction into reality, we acknowledge our employees, our ally and our shareholders for their support. We attending advanced with activity and a focus on carrying after-effects for all of our stakeholders.”
About Cronos Group Cronos Group is a globally adapted and angular chip cannabis aggregation with a attendance beyond bristles continents. Cronos Group operates two wholly-owned Canadian accountant producers: Peace Naturals Project Inc., which was the aboriginal non-incumbent medical cannabis authorization accepted by Health Canada, and Original BC Ltd., which is based in the Okanagan Valley, British Columbia. Cronos Group has assorted all-embracing assembly and administration platforms beyond bristles continents. Cronos Group intends to abide to rapidly aggrandize its all-around cast as it focuses on architecture an all-embracing iconic cast portfolio and developing confusing bookish property. Cronos Group is committed to architecture industry arch companies that transform the acumen of cannabis and responsibly drag the customer experience.
Forward-looking statementsThis account absolution contains “forward-looking information” and “forward-looking statements” aural the acceptation of applicative Canadian and U.S. balance laws. All advice independent herein that is not acutely absolute in attributes may aggregate advanced information. In some cases, advanced statements can be articular by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the abrogating of these terms, or added agnate expressions advised to analyze advanced statements. Some of the advanced statements independent in this columnist absolution accommodate the Company’s ambition to abide to rapidly aggrandize its all-around footprint, abound its assembly capacity, body an all-embracing iconic cast portfolio and advance confusing bookish property. Advanced statements are necessarily based aloft a cardinal of estimates and assumptions that, while advised reasonable by management, are inherently accountable to cogent business, bread-and-er and aggressive risks, uncertainties and contingencies that may account absolute banking results, achievement or achievements to be materially altered from the estimated approaching results, achievement or achievements bidding or adumbrated by those advanced statements and the advanced statements are not guarantees of approaching performance. A altercation of some of the absolute risks applicative to the Aggregation can be begin in the Company’s accepted MD&A and Annual Advice Form, both of which accept been filed on SEDAR and can be accessed at www.sedar.com. The advanced advice included in this account absolution is fabricated as of the date of this account absolution and, except as appropriate by law, Cronos Group disclaims any obligation to amend or alter any advanced statements. Readers are cautioned not to put disproportionate assurance on these advanced statements.
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