Cronos Q3 net income falls 37% to USD 17.83 million; Q3 net revenue rises 75% to USD 63.45 million
CRON•Cronos Group's Q3 2026 net income fell 37% year over year to USD 17.83 million, while net revenue rose 75% to USD 63.45 million.
1. Quarterly results
Cronos Group said lower other income primarily drove the decline in net income, while higher cannabis flower and Canadian extract sales primarily drove the revenue increase. Its acquisition of CanAdelaar closed October 15, 2026; Spinach remained Canada's second-largest cannabis brand, with national market share reaching 6.3%.
