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Next thing your know, Facebook will buy in put a chip on the device and gather data about health problems and in turn sell the data to big pharma that won't pound the alarm but instead will just make money out of it . 20 years ago this prediction would so far fetched. But now
Altria Group, Inc. (renamed from Philip Morris Companies Inc. on January 27, 2003) 12.8 Billion investment for only part of another company. But our government can’t invest 5 billion in border security. This is wrong. POTUS realDonaldTrump
A large com. Can pay out 12.8 billion for for a stake in another company but this Country can’t invest 5 Billion in the safety and security of our own citizens with border security. What is wrong here.
Its Marlboro. Whatever trading name they used its still Marlboro. I expect bans and restrictions to start getting lifted soon.
Making money off kids using nicotine...
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Marlboro maker Altria takes 35% stake in e-cigarette company JUULMarlboro producer Altria took a 35% stake in JUUL, investing $12.8 billion in the e-cigarette maker. MadMoneyOnCNBC's Jim Cramer weighs in: MadMoneyOnCNBC Wait...big tobacco invested in e cigs? MadMoneyOnCNBC Are those e-cig IOT enabled?
Source: CNBC - 🏆 12. / 72 Read more »
Altria to buy $12.8 billion minority stake in e-cigarette company JuulMarlboro cigarette maker Altria Group Inc will buy a 35 percent stake in Juul La... Ew, mango. The clean air alternative to nicotine addiction. 12.8 billion .... minority....smoking.
Source: Reuters - 🏆 2. / 97 Read more »
Altria board approves $13 billion investment in e-cigarette company JuulAltria's board of directors has approved a $12.8 billion investment for a 35 percent stake in Juul that will value the e-cigarette company at $38 billion, people familiar with the matter told CNBC. Terrible - unless you like marketing to teenagers - oh wait... I hope all those Altria Board members kids get 6 weeks of detention in high school using this poison! That’s what high schools are doing! Boom for $CRON!
Source: CNBC - 🏆 12. / 72 Read more »
Altria takes 35 percent stake in Juul, valuing e-cigarette company at $38 billionAltria taking a stake in Juul marks a pivotal moment for the e-cigarette start-up. The move is likely to draw criticism but may help Juul navigate tightening regulations. Great time to add Tobacco to portfolios. Sector has been battered this year, but as 2019 proves very uncertain, solid businesses build of sticky revenue streams from addictive products, should help!
Source: CNBC - 🏆 12. / 72 Read more »