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Canadian cannabis company in takeover speaks with Marlboro tobacco business
Altria Group Inc, the ongoing business which makes Marlboro cigarettes, is in speaks with Canadian cannabis producer Cronos Group regarding a possible takeover.
The tobacco company is cbdoilexpert.net/ apparently seeking to shore up stagnant product sales by acquiring Cronos.
A lift in stocks
Cronos Group’s shares surged by 25% on Monday after Reuters stated thatthe cannabis producer might be considered a buyout target for Altria.
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