The Marlboro Dude

Altria, which makes Marlboro cigarettes, is investing $2.4 billion in Cronos Group, a Canadian marijuana company, which will give it a 45 percent ownership stake, with an option to pay another $1.4 billion to increase its ownership to 55 percent.

MANHATTAN (AP) — Altria, which makes Marlboro cigarettes, is investing $2.4 billion in Cronos Group, a Canadian marijuana company, which will give it a 45 percent ownership stake, with an option to pay another $1.4 billion to increase its ownership to 55 percent.

Categories / Business

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

The Marlboro Dude

Subscribe to Closing Arguments

Additional Reads