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


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

Altria's Untapped $40 Billion Market: Marijuana in the U.S.

The Houston Chronicle estimates the illegal marijuana market in the U.S. to be worth between $18 billion ... a result of its decent growth, strong yield, and low price volatility, Altria is a top 30 ... read more

Altria Keeps Mum on Marijuana Details -- for Now

... king will recover from its growth woes is through its recent investments beyond the cigarette industry. In particular, Altria's $1.8 billion investment in Cronos Group (NASDAQ: CRON) added ... read more

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These 5 Pot Stocks Have the Most Cash

Canopy Growth: $3.67 billion This should come as little surprise, but Canopy Growth (NYSE: CGC) , the largest marijuana stock ... Altria closed in March, dramatically padding its pockets. In December, ... read more


The maker of Marlboro cigarettes is betting $12.8 billion on the e-cigarette startup Juul (MO)

"We are taking significant action to prepare for a future where adult smokers overwhelmingly choose noncombustible products over cigarettes by investing $12.8 billion ... because Altria needs ... read more

Altria-Cronos Deal Isn't A Surprise, Says Top Analyst, And Cannabis Pros Agree

This morning, several media outlets reported that Marlboro cigarettes producer Altria will invest $1.8 billion in Canadian cannabis producer ... before the Altria/Cronos transaction was made official, ... read more

4 Marijuana Stocks To Watch as Firms Take on New Ventures in Cannabis

Not only has the Farm Bill and New York state legalization taken a place on the "breaking marijuana stock news" list this week ... Canadian cannabis space after tobacco giant Altria invests in its ... read more

Is Marijuana Stock Cronos Group a Buy?

Excitement over marijuana ... talking about a CA$6 billion market in Canada and a global opportunity worth $150 billion now, investors shouldn't blame Cronos Group or its peers for investing ... 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

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



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