Source: GlobeNewswire

Press Release: Whistler Medical Marijuana : Cronos Group Inc. Exits Investment in Whistler Medical Marijuana Corporation

TORONTO, March 04, 2019 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos Group" or the "Company"), confirmed today that it has sold all of its common shares in the capital of Whistler Medical Marijuana Corporation ("Whistler"), representing approximately 19 percent of Whistler's issued and outstanding common shares, to Aurora Cannabis Inc. ("Aurora") for a total purchase price of approximately C$175 million, payable by the issuance of common shares in the capital of Aurora ("Aurora Common Shares"), and subject to certain working capital adjustments and holdbacks (the "Transaction").

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Christopher Pelz's photo - Co-Founder & CEO of Whistler Medical Marijuana Corp.

Co-Founder & CEO

Christopher Pelz

CEO Approval Rating

89/100

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