v3.26.1
Goodwill and Intangible Assets, net
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Intangible Assets, net Goodwill and Intangible Assets, net
(a)    Goodwill
Goodwill is comprised of the following items as of June 30, 2026 and December 31, 2025:
As of June 30, 2026
CostAccumulated Impairment ChargesNet
Peace Naturals$986 $— $986 
Cronos GrowCo63,160 — 63,160 
$64,146 $— $64,146 
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 June 30, 2026 and December 31, 2025:
As of June 30, 2026
CostAccumulated amortizationAccumulated impairment chargesNet
Software$5,541 $(4,643)$(73)$825 
Health Canada licenses 7,895 (1,691)(6,204)— 
Israeli codes(i)
345 (119)— 226 
Know-how(ii)
7,749 (1,550)— 6,199 
Total definite-lived intangible assets21,530 (8,003)(6,277)7,250 
Lord Jones® brand
64,000 — (63,200)800 
Trademarks142 — (142)— 
Total intangible assets$85,672 $(8,003)$(69,619)$8,050 
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 June 30, 2026, the estimated future amortization of definite-lived intangible assets is as follows:
As of June 30, 2026
Remainder of 2026 (6 months)$738 
20271,136 
2028906 
2029816 
2030793 
Thereafter2,861 
$7,250