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

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Tobacco company Altria has invested $1.8 billion in cannabis company Cronos -- here's what Cronos's CEO told us about where he sees things going from here.

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Altria to invest $1.8 billion in cannabis company Cronos GroupAltria Group said Friday it agreed to buy a 45 percent stake in leading cannabinoid company Cronos Group for about $1.8 billion. 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. Bad idea legalizing dope. Drug dealers are now legal.
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