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Consolidated Statements of Net Income (Loss) and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net revenue, before excise taxes $ 54,353,000 $ 25,639,000 $ 13,234,000
Excise taxes (7,634,000) (1,889,000) (1,113,000)
Net revenue 46,719,000 23,750,000 12,121,000
Cost of sales 46,497,000 12,174,000 5,908,000
Inventory write-down 26,055,000 29,173,000 0
Gross profit (loss) (25,833,000) (17,597,000) 6,213,000
Operating expenses      
Sales and marketing 34,386,000 23,048,000 2,537,000
Research and development 20,366,000 12,155,000 1,814,000
General and administrative 80,529,000 49,271,000 13,349,000
Share-based payments 15,361,000 11,619,000 8,151,000
Depreciation and amortization 2,872,000 2,090,000 807,000
Repurposing charges 0 5,328,000 0
Total operating expenses 153,514,000 103,511,000 26,658,000
Operating loss (179,347,000) (121,108,000) (20,445,000)
Other income (expense)      
Interest income, net 18,415,000 27,969,000 81,000
Gain on revaluation of derivative liabilities 129,254,000 [1] 1,276,819,000 [2] 0 [2]
Impairment loss on goodwill and intangible assets (40,000,000) 0 0
Gain on disposal of other investments 4,789,000 16,277,000 164,000
Share of loss from investments in equity accounted investees (4,510,000) (2,009,000) (723,000)
Financing and transaction costs (40,000) (32,208,000) 0
Other income (loss) (1,834,000) 197,000 0
Total other income (expense) 106,074,000 1,287,045,000 (478,000)
Income (loss) before income taxes (73,273,000) 1,165,937,000 (20,923,000)
Income tax expense 1,347,000 0 0
Income (loss) from continuing operations (74,620,000) 1,165,937,000 (20,923,000)
Loss from discontinued operations (650,000) (363,000) (894,000)
Net income (loss) (75,270,000) 1,165,574,000 (21,817,000)
Net income (loss) attributable to:      
Cronos Group (73,137,000) 1,166,506,000 (21,636,000)
Non-controlling interests (2,133,000) (932,000) (181,000)
Net income (loss) $ (75,270,000) $ 1,165,574,000 $ (21,817,000)
Net income (loss) per share      
Basic (in dollars per share) $ (0.21) $ 3.76 $ (0.12)
Diluted (in dollars per share) [3] $ (0.21) $ 3.33 $ (0.12)
Weighted average number of outstanding shares      
Basic (in shares) 351,576,848 310,067,179 172,269,170
Diluted (in shares) [3] 351,576,848 342,811,992 172,269,170
Statement of Comprehensive Income [Abstract]      
Net income (loss) $ (75,270,000) $ 1,165,574,000 $ (21,817,000)
Other comprehensive income (loss)      
Foreign exchange gain (loss) on translation 14,951,000 37,687,000 (12,337,000)
Gain on revaluation and disposal of other investments, net of tax 0 0 3,000
Total other comprehensive income (loss) 14,951,000 37,687,000 (12,334,000)
Comprehensive income (loss) (60,319,000) 1,203,261,000 (34,151,000)
Comprehensive income (loss) attributable to:      
Cronos Group (57,976,000) 1,204,214,000 (33,964,000)
Non-controlling interests (2,343,000) (953,000) (187,000)
Comprehensive income (loss) $ (60,319,000) $ 1,203,261,000 $ (34,151,000)
[1] Refer to Note 14 in the notes to the consolidated financial statements
[2] Refer to Note 14 in the notes to the consolidated financial statements
[3] In computing diluted earnings per share, incremental common shares are not considered in periods in which a net loss is reported, as the inclusion of the common share equivalents would be anti-dilutive.