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Altria joins cannabis push as major firms eye marijuana market
Cronos Group confirmed talks with Altria about a possible investment. Big food and beverage names eye cannabis growth as legal markets expand, with Constellation Brands earlier investing in Canopy Growth and Molson Coors forming a CBD venture. Competition and regulatory hurdles shape corporate bets, while CBD products gain traction in stores.
MENTIONED IN THIS ARTICLE
Toronto
Altria Group Inc
Molson Coors
Heineken
Coca-Cola
Pepsi
Anheuser-Busch
Guinness
Diageo
Cronos Group
Altria
Richmond
Virginia
Philip Morris USA
United States
Cronos Group Inc
Areview Market Research
North America
Constellation Brands
Rob Sands
Constellation
Corona Beer
Manischewitz Wine
Canopy Growth
Canada
Congress
U.S
Ryan Stroud
Xanthic Beverages
Tilray Inc
British Columbia
Macy’s
Truss
Hexo Corp
California
Lagunitas
Giadha Aguirre de Carcer
New Frontier Data
Canabis
Stroud
San Luis Obispo
Calif