The cannabis industry – a shrewd investment or just pot luck?
In December 2018, Altria, a tobacco giant, announced that it was spending $1.8bn to buy a 45% stake in Cronos Group, a Canadian cannabis firm. News that Altria, the firm which sells Marlboro cigarettes, was dipping their hands into the market boosted Cronos’ share price by 29%. Altria is not...
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