Cronos Group, Inc. (MJN)

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Cronos Group unit receives cannabis dealer's licence
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:MJN-2559866&symbol=MJN®ion=C

Cronos Group unit receives cannabis dealer's licence
2018-01-22 09:40 ET - News Release – Mr. Mike Gorenstein reports
PEACE NATURALS RECEIVES DEALER'S LICENSE ALLOWING FOR THE EXPORTATION OF NEW PRODUCT CATEGORIES

Cronos Group Inc.'s wholly owned subsidiary, Peace Naturals Project Inc., a licensed producer, has just obtained a dealer's licence pursuant to the Controlled Drugs and Substances Act from Health Canada. This enables the company to, through Peace, export medical-cannabis extracts, including concentrated oil and resin products, internationally.

"Cronos is focused on having a presence in all major international markets as the regulatory environment evolves. This dealer's licence will enable us to expand the product offerings we export to these jurisdictions, which is instrumental to our global expansion strategy," said Mike Gorenstein, chief executive officer of Cronos.

About Cronos Group Inc.
Cronos Group is a geographically diversified and vertically integrated cannabis company that operates two wholly owned licensed producers (LPs) regulated within Health Canada's Access to Cannabis for Medical Purposes Regulations (the ACMPR) and holds a portfolio of minority investments in other licensed producers. The company's flagship LPs, Peace Naturals Project Inc. (Ontario) and Original BC Ltd. (British Columbia), are collectively situated on over 125 acres of agricultural licensed land. Cronos Group is focused on building an international iconic brand portfolio, providing patients with personalized care and creating value for its shareholders.