Cronos Group Inc (CRON)

[MyTimeNow]

As outlined above in Part III of this Form 12b-25, the Company has not completed the preparation of its unaudited financial statements for the quarter ended September 30, 2021. Therefore, it is not possible to provide a reasonable estimate of the changes in results of operations from the three month period ended September 30, 2020. However, subject to finalization of its unaudited financial statements, the Company expects to report for the three month period ended September 30, 2021, as compared to the three month period ended September 30, 2020:
•a material increase in net revenue;
•a material increase in cost of sales;
•a small gross profit;
•a material increase in operating expenses;
•a material increase in operating loss;
•a material gain on revaluation of derivative liabilities; and
•a material loss in total other comprehensive income.