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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.
Source: CNBC - 🏆 12. / 72 Read more »
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...
Source: CNBC - 🏆 12. / 72 Read more »
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.
Source: Reuters - 🏆 2. / 97 Read more »
Altria pays $12.8 billion for minority stake in e-cigarette company JuulMarlboro cigarette maker Altria Group Inc on Thursday announced it would pay $12... Making money off kids using nicotine... Its Marlboro. Whatever trading name they used its still Marlboro. I expect bans and restrictions to start getting lifted soon. 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.
Source: Reuters - 🏆 2. / 97 Read more »