Its Official: Altria Invests $18 Billion In This Top Marijuana Stock | Latest News RSS feed

Its Official: Altria Invests $18 Billion In This Top Marijuana Stock - Latest News


Getting Into The Weeds

Investing ... stock exchanges, they've found a home on the Toronto Stock Exchange (TSX) and other Canadian markets. As Canada prepares to legalize weed nationally, a multi-billion-dollar investment bo... read more

It's Official: Altria Invests $1.8 Billion in This Top Marijuana Stock

finally made its move, announcing today that it is investing $1.8 billion in marijuana stock Cronos Group (NASDAQ:CRON). The investment by Altria -- maker of top cigarette brands including Marlboro -- ... read more

Is Cronos Group Inc. (TSX:CRON) Stock a Buy Right Now?

Cronos Group (TSX:CRON) just received a huge vote of confidence from a major tobacco company and that has investors wondering if this pot stock is now a top pick ... in the marijuana sector. Altria is ... read more

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Better Late Than Never: How The Tobacco Industry Could Benefit From Pot

Philip Morris’s stock is 1.7-percent in the red over the last five years, while British American Tobacco is down by 35 percent. Altria ... top $63 billion by 2024. In this way, investing in ... read more


Virginia cigarette maker invests in Canada pot company, Cronos

The Altria investment will give them a 45 percent stake in Cronos. Altira is making a $1.8 billion (C$2.4 billion ... based Cronos surged as much as 33 percent to $18.56 on the Toronto Stock Exchange ... read more

Here’s Why Altria (MO) Trumps Philip Morris (PM)

Altria continues to dominate the U.S. cigarette market with more than 50% of the market share. Although the market is shrinking, MO stock still generated more than $18 billion in revenue ... 6.4 milli... read more

George Soros has given $18 billion to his pro-democracy foundation

Soros, 87, "plans to leave the vast majority of his wealth to the Open Society Foundations," the official said. The foundation has spent about $14 billion since the 1980s, according to spokesperson La... read more

Nervous Investors Pile Into Low Volatility, Defensive ETFs

From Sweta Killa: Lately, the U.S. stock ... $1 billion in its asset base since Nov 12, per etf.com. It provides exposure to a small basket of 29 securities by tracking the Utilities Select Sector Ind... read more

Estimated $10 Billion Marijuana Sales in 2015 Far Too Low

When new business segments start to reach $1 billion ... the legal marijuana industry. The reason here is simple: regulatory risks are simply off the charts and have not caught up to the legalization ... read more

5 Reasons I Bought Altria And You Should Consider Doing The Same

This is due to high state and local cigarette excise taxes, which now top $18 billion ... that Altria's most likely fair value is about $74, which means that the stock is potentially 16% undervalued, ... read more

Barrick Stock Sale Puts New Risk in All Gold Mining Stocks

Barrick sold roughly $3 billion worth of stock at $18.35 per share. That represents about 10 days worth ... Newmont Mining Corp. (NYSE: NEM) is another giant international gold rival. Its shares retre... read more



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