Altria Group Archives

StaffOctober 19, 2023

The Daily Hit is a recap of the top financial news stories for Oct. 19, 2023. On the Site Cresco Labs Latest Cannabis Company to Leave Arizona Cresco Labs (CSE: CL) (OTC: CRLBF) has sold its sole Arizona business, Encanto, to an affiliate of Mint Cannabis for $6.5 million. The move comes as Cresco seeks […]

John SchroyerOctober 19, 2023

NJOY LLC contends are the company routinely break both state and federal laws.

John SchroyerNovember 16, 2022

This article has been updated to include clarification from Curaleaf on the statements made by Boris Jordan. The modern marijuana industry is headed toward massive consolidation that will eventually feature just a handful of companies atop a global supply chain, predicted Curaleaf Executive Chairman Boris Jordan during an appearance at an investor forum this week. […]

William SumnerJuly 25, 2019

The tobacco industry is betting big on cannabis. Today, Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) announced that the international tobacco company Imperial Brands PLC will make an investment in the company through a convertible debenture. Under the agreement, Imperial Brands will make an investment of $123 million, granting the company a 19.9% ownership […]

William SumnerDecember 7, 2018

Today, Cronos Group Inc. (NASDAQ: CRON) announced that it had received a CAD $2.4 billion investment from Altria Group Inc. (NYSE: MO), the owner of Marlboro cigarette marker Phillip Morris USA. The investment comes a little more than a year after Corona beer distributor Constellation Brands announced that it would invest billions of dollars in […]

William SumnerDecember 3, 2018

It’s time for your Daily Hit of cannabis financial news for December 3, 2018 On the Site Cresco Labs Chicago-based Cresco Labs is set to begin trading on the Canadian Securities Exchange on Monday using the symbol CL. Cresco is headed by Chief Executive Officer Charles Bachtell who was also a founding member of the […]

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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Tag: Altria Group

The Daily Hit: October 19, 2023

Altria Sues 34 Vape Companies, Contends Competitors are Illegal

Curaleaf Chairman: Cannabis Could Emulate Tobacco Oligopoly

Auxly Cannabis Receives $123 Million Investment From International Tobacco Brand

Big Tobacco Spends C$2.4 Billion To Invest In Cannabis

The Daily Hit: December 3, 2018

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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