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Marlboro maker reportedly wants stake in Canadian pot grower - Cannabis News - WeedLife News

Marlboro maker reportedly wants stake in Canadian pot grower - Cannabis News

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It looks like the Marlboro Man may soon be into weed: Tobacco company Altria Group is reportedly considering buying a stake in Canadian cannabis producer Aphria.

Canada's Globe and Mail cited multiple unidentified sources in reporting Altria, maker of Marlboro cigarettes, had expressed an interest in acquiring a minority piece of the the pot producer.

Details of the investment are still being worked out, but the idea would be to eventually hold a majority footing in the Canadian firm, according to the newspaper. 

Click here to read the complete article

Kate Gibson ~ CBSNews.com ~ 

 

Finance 11 October 2018
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