![](https://i.cbc.ca/1.4936540.1544194575!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/altria-marijuana.jpg)
![In this July 17, 2015, file photo, store manager Stephanie Hunt poses for photos with a pack of Marlboro cigarettes, an Altria brand, at a Smoker Friendly shop in Pittsburgh. Altria is diving into the Canadian cannabis market with a $2.4 billion investment in Toronto-based medical and recreational marijuana provider Cronos Group. The investment from Altria Group Inc., would give it about 45 percent ownership of Cronos. Altria will also pay another $1.4 billion for warrants of Cronos Group that if exercised, would give the Altria a 55 percent majority ownership of Cronos. Altria Marijuana](https://i.cbc.ca/1.4936540.1544194575!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/altria-marijuana.jpg)
One of the world's biggest tobacco companies is diving into the cannabis market by taking a 45 per cent stake in Cronos Group, the Canadian medical and recreational marijuana provider.
via CBC | Top Stories NewsOne of the world's biggest tobacco companies is diving into the cannabis market by taking a 45 per cent stake in Cronos Group, the Canadian medical and recreational marijuana provider.
via CBC | Top Stories News
No comments:
Post a Comment