SHAREHOLDER ALERT: Investigation of Cronos Group Inc. Announced by Holzer & Holzer, LLC

Atlanta, Georgia--(Newsfile Corp. - November 9, 2021) -  Holzer & Holzer, LLC is investigating whether Cronos Group Inc. ("Cronos" or the "Company") (NASDAQ: CRON) complied with federal securities laws. On November 9, 2021, the Company filed a Form 8-K stating Cronos "will be required to restate its previously issued unaudited interim financial statements for the three and six months ended June 30, 2021 previously filed on Form 10-Q on August 6, 2021. The Company's financial statements for this period should therefore no longer be relied upon." Cronos further disclosed that "the Company concluded that it should have recorded an impairment charge of not less than $220 million on goodwill and indefinite-lived intangible assets in its U.S. reporting unit for the three and six months ended June 30, 2021." On this news, the price of the Company's stock declined.

If you purchased Cronos stock on an American Exchange and suffered a substantial loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

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