Exhibit 99.1
Form51-102F3
Material Change Report
| 1. | Name and Address of Company |
Cronos Group Inc.
720 King Street West, Suite 320
Toronto, Ontario
M5V 2T3
| 2. | Date of Material Change |
September 5, 2019
| 3. | News Release |
The news release with respect to the material change referred to in this report was disseminated on September 5, 2019.
| 4. | Summary of Material Change |
On September 5, 2019, Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group”) announced the closing of its previously announced acquisition of four Redwood Holding Group, LLC operating subsidiaries.
| 5. | Full Description of Material Change |
On September 5, 2019, Cronos Group announced the closing of its previously announced acquisition of four Redwood Holding Group, LLC operating subsidiaries.
The transaction provides Cronos Group with a leading U.S. hemp-based products platform, including hemp-derived cannabidiol (CBD) infused skincare and other consumer products that are sold online and through retail and hospitality partner channels in the United States under the brand, Lord Jones™.
| 6. | Reliance on subsection 7.1(2) of National Instrument51-102 |
Not applicable.
| 7. | Omitted Information |
Not applicable.
| 8. | Executive Officer |
The following executive officer is knowledgeable about the material change and this report:
Jerry Barbato
Chief Financial Officer
Tel: (416)504-0004
| 9. | Date of Report |
September 5, 2019