Canadian cannabis producer Cronos Group reviewing sale options
Cronos Group has received a number of expressions of interest over a possible sale and is reviewing those…
News July 7
Latest In: Altria Group
Tobacco giant Philip Morris eyes marijuana market opportunities
Multinational tobacco company Philip Morris International reportedly is analyzing the marijuana industry for its market possibilities but hasn’t…
News April 28
Cronos investor Altria in merger talks with fellow tobacco giant Philip Morris
Altria Group and Philip Morris International are in discussions over a potential all-stock “merger of equals,” the companies…
News August 27
Canadian cannabis firm Cronos spending $300 million to enter US hemp market
Cronos Group, a vertically integrated cannabis company based in Ontario, Canada, that has international production and distribution, said…
News August 2
Marijuana firm Cronos closes CA$2.4 billion investment from tobacco giant Altria
Altria Group's record-breaking investment of 2.4 billion Canadian dollars ($1.8 billion) in Ontario-based cannabis producer Cronos Group closed…
News March 8
Major Canadian pension fund loads up on cannabis stocks
One of Canada’s biggest pension managers increased its stake in Canopy Growth and took positions in three more…
News February 22
CIBC compares cannabis to gold rush, predicts ‘beginning of global seismic shift’
The birth of the legal cannabis industry in Canada is akin to the gold rush, but very few…
News January 18
Legal cannabis could skim $55 billion per year from alcohol, tobacco firms
Global alcohol and tobacco companies could face losses of $55 billion a year if a fully legal cannabis industry…
News January 14
Slideshow: 2018 International Cannabis Business Year in Review
Cannabis continued to make headlines around the globe in 2018, from the historic legalization of recreational use in…
News December 28Featured
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