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Headlines Tagged with Altria/Philip Morris 15,252 headlines found

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Cronos shares lit up on report of Altria interest in cannabis group

Cronos’ Toronto-listed shares surged as much as 27 per cent to C$15.31, giving the group a market value of around C$2.77bn ($2.1bn). Reuters reported on Monday that Altria, which has a market cap of nearly $105bn, has held preliminary discussion to acq
Financial Times (uk)
added Dec 4, 2018 14:53

[Canada] Altria in deal talks with cannabis company Cronos Group

Cronos said no agreement had been reached with respect to any transaction, adding there could be no assurance such discussions would lead to an investment or other transaction involving the companies. Altria, the parent company of Philip Morris USA, di
added Dec 4, 2018 12:09
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[Canada] Altria in deal talks with Canadian cannabis firm Cronos ($$)

Cronos said no agreement had been reached with respect to any transaction... A deal would mark one of the largest combinations between mainstream tobacco and the booming but volatile marijuana sector, which has seen interest from a variety of major consum
Globe and Mail (ca)
added Dec 4, 2018 11:43

Better Late Than Never: How The Tobacco Industry Could Benefit From Pot

The first major move into cannabis by a tobacco company took place earlier this year, when U.S-based Alliance One International, a small player in tobacco production and packaging, rebranded itself into Pyxus International Inc PYX . The company’s indir
added Dec 4, 2018 11:39
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Juul Employees Are Reportedly Pissed About Possible Deal With Maker of Marlboro

conversations between Juul employees over Slack, some employees initially raised questions over the legitimacy of the reports. Others reportedly claimed that such a deal would be a “deal with the devil” and would stand in opposition to Juul’s ostensible e
added Dec 6, 2018 17:36

Altria may be adding a Juul to its crown if talks with e-cigarette company end in deal

Deal by world’s biggest tobacco company would mark major shift in an industry already being shaken up by new technologies and new regulations
MarketWatch (Wall St. Journal)
added Dec 7, 2018 15:59

[Florida] Smoking Appeal Burns Big Tobacco with $24.5M Hit at 11th Circuit

The U.S. Court of Appeals for the Eleventh Circuit has affirmed a $6.25 million verdict in a Florida Engle-progeny smoking injury case and reinstated $20.76 million in punitive damages against R.J. Reynolds Tobacco Co. and Philip Morris USA.
added Dec 5, 2018 18:16

Juul said it wasn't Big Tobacco. Now it's considering money from the maker of Marlboro

The change of course highlights the existential crisis in which Juul finds itself. Its fruity flavors, questionable past marketing and explosive popularity among teenagers have invited critics to compare it to Big Tobacco and the days of the Marlboro Man
added Dec 2, 2018 17:04

Reports: Altria in talks for multibillion-dollar stake in Juul, becoming a big minority owner

“Finally, it’s all coming together and making sense,” Herzog said. “We’ve longed believed Altria has wanted to, and should, acquire Juul.” That’s based on Altria’s history of buying tobacco companies in categories that it has struggled to develop on its
Winston-Salem (NC) Journal
added Nov 30, 2018 18:47

IQOS: examination of Philip Morris International’s claim of reduced exposure [FREE FULL TEXT]

PMI’s data appear to support PMI’s claim that IQOS reduces exposure to HPHCs. However, PMI’s data also show significantly higher levels of several substances that are not recognised as HPHCs by the FDA in IQOS emissions compared with combustible cigarette
Tobacco Control
added Nov 30, 2018 18:47
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