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Look Who’s Following Big Alcohol Into Marijuana…

by Justin Spittler
Casey Research

First it was Big Alcohol.

Now, Big Tobacco wants a piece of the marijuana market.

On Monday, Reuters reported that Altria – maker of the popular Marlboro cigarette brand – is considering buying a stake in the Canadian cannabis company Cronos Group.

An agreement hasn’t been finalized yet, so we don’t know how much of an investment Altria’s considering. But that didn’t stop investors from bidding up the stock.

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