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Aphria And Altria: Big Tobacco Enters The Cannabis Industry?

Aphria And Altria: Big Tobacco Enters The Cannabis Industry?.....»»

Category: topSource: seekingalphaOct 11th, 2018

Marlboro maker sinks $1.8 billion into the pot business

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......»»

Category: topSource: moneycentralDec 7th, 2018

Marlboro maker gets into pot business with $1.8 billion Cronos stake

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......»»

Category: topSource: moneycentralDec 7th, 2018

Altria to Explore Cannabis Prospects, Eyes Stake in Aphria

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.....»»

Category: worldSource: nytOct 11th, 2018

Canopy Growth still best way to play Canadian cannabis even with Cronos-Altria deal: Cramer

Jim Cramer continues to back Canopy Growth Corp. as the best way to invest in the growing Canadian cannabis space after tobacco giant Altria invests in its rival, Cronos Group......»»

Category: topSource: madmoneyDec 11th, 2018

Weekly Cannabis Report: Aphria Short, Altria Buys 45% Of Cronos

Weekly Cannabis Report: Aphria Short, Altria Buys 45% Of Cronos.....»»

Category: topSource: seekingalphaDec 10th, 2018

Cannabis Watch: Cronos CEO: $1.8 billion from Big Tobacco is just a beginning for cannabis industry

Marijuana companies and legacy businesses are playing a proverbial game of speed dating right now, according to a top cannabis executive who managed to land an attractive partner......»»

Category: topSource: marketwatchDec 7th, 2018

Philip Morris parent invests $2.4 billion in Cronos cannabis

One of the world’s biggest tobacco companies is bullish on bud. Altria, parent company of New York-based Philip Morris (NYSE: PM) and maker of Marlboro cigarettes, invested $2.4 billion into a Toronto medical and recreational marijuana company......»»

Category: topSource: bizjournalsDec 7th, 2018

Legal cannabis industry: Altria, Molson-Coors among companies exploring market

Demand for legal cannabis and cannabis-infused products is growing in the U.S......»»

Category: topSource: foxnewsDec 7th, 2018

Altria Makes Its Marijuana Move

In dual strategic shifts, the tobacco giant will cut some vaping products, and purchase a hefty stake in cannabis heavyweight Cronos Group......»»

Category: topSource: moneycentralDec 7th, 2018

Altria"s $1.8 billion Cronos bet gives marijuana industry lift

One of the world's largest tobacco companies is now in the budding marijuana business......»»

Category: topSource: foxnewsDec 7th, 2018

Altria to invest C$2.4 billion in Canadian cannabis company Cronos

Canadian cannabis company Cronos Group Inc. said Friday that tobacco giant Altria Group Inc. has agreed to make a C$2.4 billion ($1......»»

Category: topSource: marketwatchDec 7th, 2018

Why Cronos Group Stock Is Soaring Today

The newly announced partnership between Cronos and Altria could turn out to be a watershed moment for the fledgling cannabis industry......»»

Category: topSource: foxnewsDec 7th, 2018

Big Tobacco Company Altria Takes Major Stake in Canadian Cannabis Firm Cronos Group

The company diversifies into what is expected to be a huge growth market. Altria Group, which owns multiple big tobacco brands like Marlboro and Skoal, announced a $1.8 billion investment.....»»

Category: europeSource: fortuneDec 7th, 2018

Analysts: Altria And Cronos Make A Good Team

Tobacco giant Altria Group Inc. (NYSE: MO) is interested in a buyout of Canadian cannabis company Cronos Group, Inc. (NASDA.....»»

Category: blogSource: benzingaDec 4th, 2018

Juul, Cannabis, Then an Even Bigger Deal for Big Tobacco?

If Altria and Philip Morris want to quit smoking, then deals — with e-cig makers, pot producers or one another —  are one way to do it......»»

Category: topSource: washpostNov 29th, 2018

Weekly Cannabis Report: Altria And Aphria, MedMen Just Went Big

Weekly Cannabis Report: Altria And Aphria, MedMen Just Went Big.....»»

Category: topSource: seekingalphaOct 15th, 2018

Marijuana Stock Aphria Is Edging Higher

The company says it has no deal to announce with Altria Group, after a report that the tobacco giant was taking a stake in the Canadian company......»»

Category: topSource: barronsOct 15th, 2018

Cigarette giant Altria said to be in talks for stake in cannabis producer Aphria

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.....»»

Category: blogSource: theflyonthewallOct 10th, 2018

Altria in talks to buy stake in Canadian cannabis company Aphria, G&M says

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.....»»

Category: blogSource: theflyonthewallOct 10th, 2018

Marlboro Maker Altria May Be In Talks With Cannabis Producer Aphria About A Minority Stake

Consi.....»»

Category: blogSource: benzingaOct 10th, 2018