Goodwill and Intangible Assets, net (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Goodwill |
Goodwill is comprised of the following items as of March 31, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | As of March 31, 2026 | | Cost | | Accumulated Impairment Charges | | Net | | Peace Naturals | $ | 1,006 | | | $ | — | | | $ | 1,006 | | | Cronos GrowCo | 64,430 | | | — | | | 64,430 | | | $ | 65,436 | | | $ | — | | | $ | 65,436 | |
| | | | | | | | | | | | | | | | | | | As of December 31, 2025 | | Cost | | Accumulated Impairment Charges | | Net | | Peace Naturals | $ | 1,022 | | | $ | — | | | $ | 1,022 | | | Cronos GrowCo | 65,456 | | | — | | | 65,456 | | | $ | 66,478 | | | $ | — | | | $ | 66,478 | |
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| Schedule of Definite-Lived Intangible Assets |
Intangible assets, net are comprised of the following items as of March 31, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2026 | | Cost | | Accumulated amortization | | Accumulated impairment charges | | Net | | 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 assets | 21,885 | | | (7,733) | | | (6,403) | | | 7,749 | | Lord Jones® brand | 64,000 | | | — | | | (63,200) | | | 800 | | | Trademarks | 142 | | | — | | | (142) | | | — | | | Total intangible assets | $ | 86,027 | | | $ | (7,733) | | | $ | (69,745) | | | $ | 8,549 | |
| | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2025 | | Cost | | Accumulated amortization | | Accumulated impairment charges | | Net | | 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 assets | 22,046 | | | (7,408) | | | (6,548) | | | 8,090 | | Lord Jones® brand | 64,000 | | | — | | | (63,200) | | | 800 | | | Trademarks | 142 | | | — | | | (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).
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| Schedule of Indefinite-Lived Intangible Assets |
Intangible assets, net are comprised of the following items as of March 31, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2026 | | Cost | | Accumulated amortization | | Accumulated impairment charges | | Net | | 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 assets | 21,885 | | | (7,733) | | | (6,403) | | | 7,749 | | Lord Jones® brand | 64,000 | | | — | | | (63,200) | | | 800 | | | Trademarks | 142 | | | — | | | (142) | | | — | | | Total intangible assets | $ | 86,027 | | | $ | (7,733) | | | $ | (69,745) | | | $ | 8,549 | |
| | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2025 | | Cost | | Accumulated amortization | | Accumulated impairment charges | | Net | | 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 assets | 22,046 | | | (7,408) | | | (6,548) | | | 8,090 | | Lord Jones® brand | 64,000 | | | — | | | (63,200) | | | 800 | | | Trademarks | 142 | | | — | | | (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).
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| Schedule of Estimated Future Amortization of Definite-Lived Intangible Assets |
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 | | | 2027 | | 1,161 | | | 2028 | | 886 | | | 2029 | | 823 | | | 2030 | | 808 | | | | | | Thereafter | | 2,908 | | | | $ | 7,749 | |
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