Greenhouse Partners Enters into Joint Venture Partnership with Cronos Group

September 20, 2018

On July 18, 2018, Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group”) announced that it has entered into a joint venture partnership with a group of investors led by Bert Mucci (the “Greenhouse Partners”), one of Canada’s most sophisticated greenhouse operators and builders. The new partnership will function as Cronos Growing Company Inc. (“Cronos GrowCo”), a new entity that will develop, construct, and operate a greenhouse for cannabis production in Kingsville, Ontario.

Jay Sernoskie and Karen Durell (Corporate/M&A) of Miller Thomson represented Greenhouse Partners in this transaction.