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Marlboro maker Altria eyes cannabis investments with Cronos
Altria Group confirms talks with Cronos Group about a potential investment as major beverage and tobacco players expand into cannabis. Cronos shares rose while Altria stock dipped ahead of the evolving market as legalization spreads and companies seek growth beyond traditional tobacco products.
MENTIONED IN THIS ARTICLE
Altria Group Inc
Philip Morris USA
Cronos Group Inc
Altria
Richmond
Virginia
United States
Cronos
Molson Coors
Constellation Brands
Heineken
Coca-Cola
Pepsi
Anheuser-Busch
Guinness
Diageo
Cronos Group
U.S
Utah
Areview Market Research
Ryan Stroud
Xanthic Beverages
Tilray Inc
British Columbia
Macy’s
Truss
Hexo Corp
California
Lagunitas
THC
Giadha Aguirre de Carcer
New Frontier Data
Stroud
JR Outlet
Burlington
N.C