Altria Group, the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian cannabis company Cronos Group. The transaction represents a 45 percent equity stake in Cronos, at a price of CAD $16.25 per share, for...
December 09, 2018
Altria Group, the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian cannabis company Cronos Group. The transaction represents a 45 percent equity stake in Cronos, at a price of CAD $16.25 per share, for an aggregate investment by Altria of approximately $1.8 billion (approximately […]
