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Headlines Tagged with Business (Tobacco) 67,215 headlines found

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[Canada] Cronos Group Inc. Announces C$2.4 Billion Strategic Investment from Altria Group, Inc.

today announced that it has entered into a subscription agreement (the "Subscription Agreement") with Altria Group, Inc. (NYSE: MO) ("Altria") pursuant to which Altria has agreed to make an approximately C$2.4 billion equity investment in Cronos Group (th
PR Newswire
added Dec 10, 2018 01:07
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[UK] VIDEOS: Marlboro man smokes out growth through $1.9bn cannabis deal

Sky's Ian King says Altria's stake in Cronos makes it the first of the big tobacco firms to diversify in the cannabis market.
Sky News (uk)
added Dec 8, 2018 20:38
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MARKETS HEARD ON THE STREET Marijuana Won’t Keep Marlboro Man Buzzing

Altria faces a classic incumbent’s dilemma. ..A minority stake in Juul, the San Francisco-based group which was valued at $16 billion in its latest funding round and has cornered 70% of the U.S. vape market, looks like Altria’s best option. That would al
The Wall Street Journal Interactive Edition
added Dec 8, 2018 20:36
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The Environmental Cost of Cigarettes

Of course, it’s not all the smokers’ faults. According to a BMJ article by scholars Elizabeth Smith and Patricia McDaniel, the tobacco industry has been aware of the issue for years. Manufacturers, concerned that the litter problem might lead to greater r
JSTOR
added Dec 8, 2018 02:57
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Makers of flavored e-cigarettes face ‘a make-or-break year’ in Washington, analyst says

“2019 will be a make-or-break year for alternative tobacco product manufacturers to regain control of the flavors debate,” said Stefanie Miller of Height Capital Markets in a note Friday. If they don’t succeed on this front, these companies could face g
MarketWatch (Wall St. Journal)
added Dec 8, 2018 02:56
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[Maryland] Baltimore City Council bills aim to cut back on vaping, smoking — including banning flavored vape liquids

The three bills look to broaden the definition of smoking devices and ban the sale of flavored vaping liquids, as well as call for tobacco retailers to post information about smoking risks and cessation and carry nicotine replacement products such as pat
Baltimore (MD) Sun
added Dec 8, 2018 02:53
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[Michigan] Students and community members split on proposed e-cig regulations

Students are split on the necessity of proposed FDA regulations that would affect the sale of Juuls and other e-cigarettes. The proposed regulations follow an FDA probe which revealed possible targeting of minors by e-cigarette companies as well as insta
Western Herald (Western Michigan U.)
added Dec 8, 2018 02:53
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[Canada] Marlboro maker places $1.8 billion bet on marijuana

That would mean Altria’s investment would be in the same league as the $4 billion spent earlier this year by Constellation Brands to acquire shares of Canopy Growth Corp., another Canadian pot producer. The August investment by Constellation, which make
AP - Associated Press
added Dec 7, 2018 19:45
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[Asia-pacific, Korea - South, USA] 'Smoking e-cigarettes just as harmful as conventional ones'

Philip Morris filed a lawsuit after the ministry announced in June that five cancer-causing substances were found in heat-not-burn tobacco products sold here, with the level of tar exceeding that of conventional cigarettes. The ministry announced the re
Korea Times (kr)
added Dec 7, 2018 19:45
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[Canada] Altria to marry pot with big tobacco in $1.8 billion Cronos deal

The deal represents by far the biggest investment by a major tobacco conglomerate in a cannabis company. It comes after Canada legalized the recreational use of marijuana this year, and several other jurisdictions, including some states in the United Sta
Reuters
added Dec 7, 2018 19:18
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