Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Cronos Group Announces $2.4 Billion Investment from Major Tobacco Company Altria

Cronos Group Announces $2.4 Billion Investment from Major Tobacco Company AltriaCronos Group Inc. (TSX: CRON) (NASDAQ: CRON) announced on December 3rd that the company is in fact engaged in discussions with Altria Group Inc. (NYSE: MO). Now, Altria Group has officially agreed to take 45% stake in CRON via the purchase of stock at C$16.25/share.
The value of CRON shares peaked at a 30.42% increase from $8.58 to $11.19 in one hour due to the confirmation announcement on December 3rd. CRON decreased from $11.19 on the 3rd and closed to $10.17 per share. The company’s stock value re-gained an approximate 5.60% in value after market close on December 4th to an overall gain of 25.17%.
Altria Group is likely to be one of several tobacco companies that, in order to compete with falling cigarette usage, could heavily invest into cannabis within the near future. 2017 held the worst year ever recorded for cigarette usage and the total demand for cannabis within the United States is estimated to be at $52.5 billion.
Learn more about other exciting cannabis companies in the Cannin Report. Sign up for Cannin Free Access and subscribe to the Cannin Chronicle. We’ll help you determine which cannabis companies to invest in.
Cronos Group Announces $2.4 Billion Investment from Major Tobacco Company Altria

About Your Marijuana Stocks Resource

Cannin is your #1 resource for marijuana stocks. Our global team of experts evaluates all emerging marijuana stock investing opportunities. We aggregate hundreds of hours of research and provide tips on the best marijuana stock investments for 2020. 

Use Cannin as your resource for:

Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Many market analysts expect the legal marijuana industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in marijuana stocks is now. 

Are you interested in marijuana stocks like Curaleaf, Trulieve, Aurora Cannabis, or Charlotte’s Web,?

Are you looking to buy stock in marijuana companies for 2020? Interested in emerging penny marijuana stocks? Looking for the best Canadian marijuana stocks to invest in? We can help.

Predict price movements of marijuana stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • 108% Backtested since 2012

We’re so confident you’ll love our algotrading marijuana stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best marijuana stocks – we’ll show you how at

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Hemp Stocks to Buy