v3.26.1
Goodwill and Intangible Assets, net
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net Goodwill and Intangible Assets, net
(a)    Goodwill
Goodwill is comprised of the following items as of March 31, 2026 and December 31, 2025:
As of March 31, 2026
CostAccumulated Impairment ChargesNet
Peace Naturals$1,006 $— $1,006 
Cronos GrowCo64,430 — 64,430 
$65,436 $— $65,436 
As of December 31, 2025
CostAccumulated Impairment ChargesNet
Peace Naturals$1,022 $— $1,022 
Cronos GrowCo65,456 — 65,456 
$66,478 $— $66,478 
(b)    Intangible assets, net
Intangible assets, net are comprised of the following items as of March 31, 2026 and December 31, 2025:
As of March 31, 2026
CostAccumulated amortizationAccumulated impairment chargesNet
Software$5,599 $(4,516)$(74)$1,009 
Health Canada licenses 8,054 (1,725)(6,329)— 
Israeli codes(i)
327 (108)— 219 
Know-how(ii)
7,905 (1,384)— 6,521 
Total definite-lived intangible assets21,885 (7,733)(6,403)7,749 
Lord Jones® brand
64,000 — (63,200)800 
Trademarks142 — (142)— 
Total intangible assets$86,027 $(7,733)$(69,745)$8,549 
As of December 31, 2025
CostAccumulated amortizationAccumulated impairment chargesNet
Software$5,511 $(4,391)$(76)$1,044 
Health Canada licenses 8,182 (1,710)(6,472)— 
Israeli codes(i)
323 (103)— 220 
Know-how(ii)
8,030 (1,204)— 6,826 
Total definite-lived intangible assets22,046 (7,408)(6,548)8,090 
Lord Jones® brand
64,000 — (63,200)800 
Trademarks142 — (142)— 
Total intangible assets$86,188 $(7,408)$(69,890)$8,890 
(i)The Israeli codes were transferred by non-controlling interests to Cronos Israel in exchange for their equity interests in the Cronos Israel entities.
(ii)Know-how was acquired as part of the Cronos GrowCo Transaction. Amortization costs associated with the know-how intangible asset are recorded to cost of sales on the condensed consolidated statements of net income (loss) and comprehensive income (loss).
As of March 31, 2026, the estimated future amortization of definite-lived intangible assets is as follows:
As of March 31, 2026
Remainder of 2026 (9 months)$1,163 
20271,161 
2028886 
2029823 
2030808 
Thereafter2,908 
$7,749