Cancer Kings Altria (makers of Death Sticks from Philip Morris) just bought into the Cannabis game with a huge stake in Cronos. Let it be know that we will ALWAYS support independent, all-organic small farms.
Isn’t there p/e like 25?
Bad idea legalizing dope. Drug dealers are now legal.
That was the complete value of the company, as of yesterdays close. IMO Altria will own the company outright in a few years, with no more capital outlay.
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Altria in talks to buy cannabis company Cronos GroupMarlboro cigarette maker Altria is in early talks to acquire Canadian cannabis producer Cronos, as it seeks to diversify its business beyond traditional smokers, a person familiar with the matter told CNBC. 😳🙄 Uwu uwu...cokiegig88 it doesn't take much to get these guys going...
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Marlboro maker Altria is talking with pot producer Cronos about investmentMarlboro cigarette maker Altria Group Inc. is discussing an investment in marijuana producer Cronos Group Inc., as legacy companies continue to look for ways into the marijuana industry.
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Altria to invest C$2.4 billion in Canadian cannabis company Cronos
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Altria bets big on cannabis with $1.8 billion investment in Canada's CronosMarlboro cigarette maker Altria Group Inc made a big bet on the rapidly growing ... Bad idea. Big tobacco will introduce additives that will cause addiction. That’s their proven history. Cancer Kings Altria (makers of Death Sticks from Philip Morris) just bought into the Cannabis game with a huge stake in Cronos. Let it be know that we will ALWAYS support independent, all-organic small farms.
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