Cronos to Enter Netherlands With Acquisition of Europe’s Largest Adult-Use Cannabis Company
Cronos Group Inc., a global cannabinoid company, will acquire CanAdelaar B.V., the largest cannabis company in the Netherlands' adult-use pilot program for an upfront consideration of €57.5 million (US$67 million). This strategic acquisition provides Cronos with a significant footprint in Europe and allows it to leverage its product development in the growing Dutch adult-use cannabis market. The transaction is expected to close in early 2026, pending regulatory approvals.
https://www.cannabisbusinesstimes.com/business-issues-benchmarks/canadian-cannabis-market/news/15773703/cronos-to-enter-netherlands-with-acquisition-of-europes-largest-adultuse-cannabis-company