Mr. Mike Gorenstein reports

CRONOS LAUNCHES NEW ALL-IN-ONE VAPE, SPINACH PUFFERZ™

Cronos Group Inc. has launched its newest all-in-one (AIO) vape, Spinach PUFFERZ. The latest innovation under Cronos's Spinach brand brings together high-quality cannabis infused with liquid diamonds in a convenient all-in-one device.

Crafted for modern cannabis consumers who value functionality and design, Spinach PUFFERZ offers a seamless way to enjoy high-quality cannabis vape extracts and bold flavours. Every design element was carefully considered to deliver a differentiated experience. Spinach PUFFERZ is Cronos's first AIO vape featuring the increasingly popular palm-style hardware. The device boasts a uniquely satisfying squishy grip with a puffy exterior, a dual ceramic coil for maximum flavour and smooth draws, a boost button for temperature control, and a battery meter to indicate when a charge is needed.

"Our leadership in the Canadian cannabis marketplace is driven by our relentless pursuit of excellence in product quality, innovation and differentiation," said Mike Gorenstein, chairman, president and chief executive officer of Cronos. "We are focused on building brand loyalty with fantastic products, and our newest all-in-one vape is a device that looks, feels and tastes great. The launch of Spinach PUFFERZ demonstrates our ability to continuously find new ways to innovate and create new cannabis experiences."

Spinach PUFFERZ all-in-one one-gram vapes will launch in three flavours, each infused with liquid diamonds and delivering 98.1 per cent THC:

• Spinach PUFFERZ Sour Blue Razz (hybrid):
  • Inspired by a strain with Blue CKS x Mendobreath lineage and featuring berry and citrus flavour notes.
• Spinach PUFFERZ Tropical AF (sativa):
  • Inspired by a strain with Pink Rozay and White Runtz lineage and featuring tropical and fruity flavour notes.
• Spinach PUFFERZ Pineapple Coconut (indica):
  • Inspired by a strain with LA Cush CK and Coco Milk lineage and featuring a combo of fruity and vanilla flavour notes.

"Our teams have been unwavering in their commitment to elevating our vape portfolio with products and flavours that truly connect with consumers," said Jeff Jacobson, chief growth officer, Cronos. "We're incredibly excited to introduce a standout innovation like Spinach PUFFERZ at a time when the all-in-one category is experiencing remarkable momentum. As one of Canada's leading cannabis vape brands, we're proud to help shape the category and remain dedicated to delivering memorable products that keep Spinach top-of-mind with cannabis consumers," Mr. Jacobson added.

Available now in Alberta, British Columbia, and Ontario, Spinach PUFFERZ will be available nationally by April, 2026.

About Cronos Group Inc.

Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos's diverse international brand portfolio includes Spinach, Peace Naturals and Lord Jones.

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