Altria/Cronos Group – The Forgotten Deal ($MO/$CRON)
by seebz69 The (Forgotten) Deal In December 2018, Cronos Group Inc. Announced C$2.4 Billion Strategic Investment from Altria Group, Inc. Altria Group bought a 45 percent stake in leading cannabinoid company Cronos Group for about $1.8 billion. Altria also has a warrant that would allow it to increase its stake in Cronos to about 55 percent at a price … Read more