(CNN) — Altria hopes pot is the key to help it grow beyond its stagnant cigarette business. Tobacco giant Altira is investing $1.8 billion in Canadian cannabis company Cronos Group. That will give ...
Altria Group (US:MO), a leading tobacco company active in the cannabis industry, said Monday that it abandoned its warrant to buy more Cronos Group (CA:CRON, US:CRON) shares and would see a $483 ...
Cronos Group operates in a highly competitive industry but has a marked advantage over its peers owing to its vastly superior balance sheet. This superiority is a result of a 2019 investment by Altria ...
Henrico County-based Altria Group Inc. announced on Friday it had entered into an agreement to acquire newly issued shares in Toronto-based Cronos Group Inc., a cannabis and marijuana company. The ...
Altria’s companies have strong American roots and relationships with farmers that date back more than 200 years. We have a long history of investing in high-quality U.S. jobs and manufacturing, ...