Item 5.02.  Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 14, 2021, Cronos Group Inc. (the "Company") appointed Carlos Cortez to
the position of Vice President, Controller, which includes serving as the
Company's principal accounting officer, effective as of June 14, 2021. On June
8, 2021, the Company determined that Puneet Mathur, the Company's Vice
President, Controller, who served as the Company's principal accounting officer
until June 14, 2021, will separate from the Company, effective as of July 30,
2021.
Prior to joining the Company, Mr. Cortez, age 48, was the Corporate Controller
of SharpSpring, Inc., a publicly traded cloud-based marketing technology
company, since April 2021. Over his career, Mr. Cortez has held various
positions in the public and private sectors. He was the Senior Finance Director
- Record to Report for Discovery, Inc., a publicly traded global media company,
from August 2019 until December 2020; the Corporate Controller for Malibu Boats,
Inc., a publicly traded manufacturer of recreational powerboats, from October
2013 until January 2019; and an independent consultant for various companies
from February 2019 until August 2019. Mr. Cortez also held various roles as an
auditor, including as an audit manager, for KPMG LLP from August 2002 until
October 2008. Mr. Cortez received a Bachelor's Degree in Business Administration
in Accounting from Florida Atlantic University and a Bachelor's Degree in
Business Administration in Finance from Florida International University. Mr.
Cortez is a Certified Public Accountant.
In connection with his appointment, Mr. Cortez will receive an annual base
salary of $275,000 and will be eligible for an annual target bonus opportunity
of 30% of annual base salary and an annual long-term target incentive
opportunity of 30% of annual base salary. Mr. Cortez will also be eligible to
participate in employee benefit programs of Cronos USA Client Services LLC, a
wholly owned subsidiary of the Company, on the same terms as other similarly
situated employees.

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