Marlboro maker, Cronos join forces in exclusive CA$2.4 billion deal to tap global cannabis opportunities

Altria Group, one of the largest tobacco companies in North America, has agreed to invest 2.4 billion Canadian dollars ($1.8 billion) in Ontario-based cannabis producer Cronos Group – the most significant foray by Big Tobacco into the rapidly growing cannabis industry to date. Altria also agreed to make Cronos its exclusive partner for international cannabis […]

Marlboro maker, Cronos join forces in exclusive CA$2.4 billion deal to tap global cannabis opportunities is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Go to OG News Source
Author: Matt Lamers
{authorlink}