Aphria And Altria: Big Tobacco Enters The Cannabis Industry?

Tobacco company Altria Group (NYSE: MO)'s C$2.4-billion ($1.8 billion) investment in cannabis mega player Cronos Group (NASDAQ: read more.....»»

Per media sources, Altria (MO) is planning to venture into the cannabis industry and acquire minority stakes in Aphria. If market hearsays are to be believed, Altria Group, Inc MO is interested in entering the cannabis space.....»»

Altria Group Inc., the maker of Marlboro cigarettes for the U.S. market, is pushing into the Canadian cannabis industry, marking the major tobacco company’s first foray into the nascent sector......»»

Altria Group, the maker of Marlboro cigarettes for the U.S. market, is pushing into the Canadian cannabis industry, marking the major tobacco company’s first foray into the nascent sector......»»

On Monday, the cannabis industry witnessed the creation of the world's largest cannabis company measured by revenue, as two Canadian giants, Tilray Inc. (NASDAQ: TLRY) and Aphria Inc. read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

This was a week of big news for the cannabis industry. Curaleaf Holdings Inc. (OTCQX: CURLF) agreed to acquire one of Europe’s largest cannabis companies, EMMAC Life Sciences, for approximately $.....»»

Earlier this month, cannabis growers Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) announced a merger to create the largest enterprise in the industry by revenue. read more.....»»

In pandemic times, solid balance sheets have been a beacon of hope to investors, and for those wishing to get into the cannabis industry, a cash-rich company like Aphria may be that vehicle......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

For an industry that has been crushed since it entered the market, investors have to wonder if the pain is almost over for the cannabis stocks. Aphria may hold some answers......»»

Altria decided to hedge traditional tobacco industry bets with a huge investment in Juul, the electronic cigarette company. But that was before Juul was clobbered by federal regulators......»»

22nd Century Group Inc (NYSE: XXII) a plant biotechnology company focused on tobacco and cannabis plant research, on Wednesday announced the i 0 read more.....»»

Altria Group Inc. Chief Financial Officer Billy Gifford said the tobacco company is happy with its investment in Canadian cannabis co.....»»

Altria Group and Philip Morris International, the two tobacco companies that split a decade ago, announced talks to merge as the industry grapples with the decline of traditional cigarette smokers and the rise of e-cigarettes. Conway G. Gittens reports......»»

NIC Inc. (NASDAQ: EGOV), a provider of digital government services, announced the acquisition of Complia Monday in a move that will allow it to enter the cannabis industry. read more.....»»

The likes of Altria and Phillip Morris have complementary businesses and expertise in brands, sales channels and lobbying......»»

The likes of Altria and Phillip Morris have complementary businesses and expertise in brands, sales channels and lobbying......»»

Will the biggest domestic tobacco maker start a new cannabis business?.....»»

Marlboro maker Altria Group Inc. is in talks with Can.....»»