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Cronos investor Altria in merger talks with fellow tobacco giant Philip Morris

by Aug 27, 2019News0 comments

Altria Group and Philip Morris International are in discussions over a potential all-stock “merger of equals,” the companies confirmed Tuesday. If the merger comes to fruition, it could have an impact on one of the Canadian cannabis sector’s leading companies. Last December, Virginia-based tobacco company Altria Group agreed to invest 2.4 billion Canadian dollars ($1.8 […]

Cronos investor Altria in merger talks with fellow tobacco giant Philip Morris is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: MJ Biz Daily

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