Big Tobacco is mulling a stake in the nascent cannabis industry. The only thing surprising about this is that it took so long. Explore further with this post from Bloomberg. Big Tobacco is finally ready to say, pass that dutch. Altria Group Inc., the biggest U.S. cigarette company, is reportedly in talks to buy a stake in Aphria Inc., one of a growing number of Canadian ... Continue Reading
Big Tobacco
Big Tobacco Makes First Inroad into The Cannabis Industry
Big Tobacco makes its first investment in the cannabis industry. Naturally, this game-changing investment also involved rapper Snoop Dogg and actor Patrick Stewart. This post from The Motley Fool discusses why Big Tobacco had to take this step to stay relevant in the eyes of investors. This has truly been a year of "marijuana firsts." Since the year began, we've seen the ... Continue Reading
Is Legal Cannabis Big Money for Big Tobacco?
The nation’s most popular illicit drug becoming legal means big money for big companies. This post from Observer highlights how Big Tobacco is making power moves on legal cannabis! “We are in the business of relaxing people who are tense and providing a pick up for people who are bored or depressed. The human needs that our product fills will not go away. Thus, the only real ... Continue Reading