TORONTO, June 28, 2018 /CNW/ - Cronos Group Inc. (NASDAQ:
CRON) (TSX: CRON) ("Cronos Group" or the
"Company") reports that at its Annual and Special Meeting of
Shareholders on June 28, 2018 there
were 658 shareholders voting in person or by proxy holding in total
92,611,201 common shares, representing 52.56% of the total number
of common shares outstanding.
Each of the directors listed as a nominee in the management
proxy circular dated May 28, 2018 was
elected to serve as a director of the Corporation until the next
annual meeting. The results of the vote for the election of
directors are as follows:
Name of
Director
|
Number of Shares
Voted
For*
|
Percentage of
Shares
Voted For
|
Number of
Shares
Withheld from Voting*
|
Percentage of
Shares
Withheld from Voting
|
Jason
Adler
|
55,812,136
|
99.75%
|
137,370
|
0.25%
|
Michael
Coates
|
55,794,005
|
99.72%
|
155,501
|
0.28%
|
Alan
Friedman
|
55,771,697
|
99.68%
|
177,809
|
0.32%
|
Michael
Gorenstein
|
55,665,435
|
99.49%
|
284,071
|
0.51%
|
James
Rudyk
|
55,414,620
|
99.04%
|
534,886
|
0.96%
|
* As the vote for
each motion was taken by ballot, the number of votes disclosed
reflects the votes submitted by ballot at the meeting.
About Cronos Group
Cronos Group is a globally
diversified and vertically integrated cannabis company with a
presence across four continents. The Company operates two
wholly-owned Canadian licensed producers regulated under Health
Canada's Access to Cannabis for Medical Purposes
Regulations: Peace Naturals Project Inc., which was the
first non-incumbent medical cannabis license granted by Health
Canada, and Original BC Ltd., which is based in the Okanagan
Valley, British Columbia. The Company has multiple
international production and distribution platforms including in
Germany, Israel and Australia. The Company
intends to continue to rapidly expand its global footprint as it
focuses on building an international iconic brand portfolio and
develop disruptive intellectual property. Cronos Group is
committed to building industry leading companies that transform the
perception of cannabis and responsibly elevate the consumer
experience.
Forward-looking statements
This news release contains
"forward-looking information" and "forward-looking statements"
within the meaning of applicable Canadian and U.S. securities laws.
All information contained herein that is not clearly
historical in nature may constitute forward-looking information.
In some cases, forward-looking statements can be identified
by words or phrases such as "may", "will", "expect", "plan",
"anticipate", "intend", "potential", "estimate", "believe" or the
negative of these terms, or other similar expressions intended to
identify forward-looking statements. Some of the forward-looking
statements contained in this press release, include the Company's
intention to continue to rapidly expand its global footprint, build
an international iconic brand portfolio and develop disruptive
intellectual property. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while
considered reasonable by management, are inherently subject to
significant business, economic and competitive risks, uncertainties
and contingencies that may cause actual financial results,
performance or achievements to be materially different from the
estimated future results, performance or achievements expressed or
implied by those forward-looking statements and the forward-looking
statements are not guarantees of future performance. A
discussion of some of the material risks applicable to the Company
can be found in the Company's current MD&A and Annual
Information Form, both of which have been filed on SEDAR and can be
accessed at www.sedar.com. The forward-looking information included
in this news release is made as of the date of this news release
and, except as required by law, Cronos Group disclaims any
obligation to update or revise any forward-looking statements.
Readers are cautioned not to put undue reliance on these
forward-looking statements.
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SOURCE Cronos Group Inc.