Cronos Group Inc. Announces C$2.4 Billion Strategic Investment From Marlboro Maker Altria Group Inc.

Cannabis Business Times
Dec 7, 2018, 9:26 am133 pts
TORONTO, Dec. 7, 2018 /CNW/ - Cronos Group Inc. today announced that it has entered into a subscription agreementwith Altria Group Inc., pursuant to which Altria has agreed to make an approximately C$2.4-billion equity investment in Cronos Groupon a private placement basis in exchange for common shares in the…

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