Cronos Group Inc. (NASDAQ:CRON) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET

Company Participants

Shayne Laidlaw - IR

Mike Gorenstein - Chairman, President and CEO

Bob Madore - CFO

Conference Call Participants

Michael Freeman - Raymond James

John Zamparo - CIBC

Andrew Carter - Stifel

Matt Bottomley - Canaccord

Gaurav Jain - Barclays

Operator

Good morning. My name is Amanda, and I will be your conference operator today. I would like to welcome everyone to Cronos Group 2022 First Quarter Earnings Conference Call. Today's call is being recorded.

At this time, I would like to turn the call over to Shayne Laidlaw, Investor Relations. Please go ahead.

Shayne Laidlaw

Thank you, Amanda, and thank you for joining us today to review Cronos Group's 2022 first quarter financial and business performance. Today, I am joined by our Chairman, President and CEO, Mike Gorenstein and our CFO, Bob Madore. Cronos Group issued a news release announcing these financial results this morning, which are filed on our EDGAR and SEDAR profiles. This information as well as the prepared remarks will also be posted on our website under Investor Relations.

Before I turn the call over to Mike, let me remind you that we may make forward-looking statements and refer to non-GAAP financial measures during this call. These forward-looking statements are based on management's current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ materially from expectations are detailed in our earnings materials and our SEC filings that are available on our website by which any forward-looking statements made during this call are qualified in their entirety.

Information about non-GAAP financial measures, including reconciliations to US GAAP can also be found in the earnings materials that are available on our website. We will now make prepared remarks and then we will move into a question-and-answer session.

With that, I'll pass it over to Cronos Group's Chairman, President and CEO, Mike Gorenstein.

Mike Gorenstein

Thanks, Shayne.

I don't know if you missed me as much as I've missed all of you. But since this is a one-way line, I am just going to go ahead and dive right in. I founded Cronos because of the once-in-a-lifetime opportunity to help build and shape and industry. It has the potential to improve countless lives. As CEO, I'm committed to re-instilling a startup culture with a founder's mentality across all levels of the organization.