Dec
07
Marlboro-maker Altria buys $1.8 billion stake in a cannabis company
Posted in: UncategorizedRelated Video: Altria Takes Major Stake in Cronos in Huge Bet on Pot
Courtesy: Cheddar
Altria Group Inc., the U.S. maker of Marlboros, made a $1.8 billion investment in a Canadian pot company Friday based on a simple premise: Cannabis is growing fast, and cigarettes are not.
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