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Headlines Tagged with Investing 4,291 headlines found


Big Tobacco Hasn't Killed Cannabis, This Dance Has Only Just Begun

Many in the cannabis industry have feared this day would come. That big tobacco would descend upon the industry and with its deep pockets and buy up companies. The concern was that big tobacco would stall the opportunities for small businesses. The real
added Dec 10, 2018 19:17

Shares of Canadian Pot Company Higher on Altria Interest

Curiosity from one the world's largest tobacco companies about the marijuana business sent shares of a Canadian cannabis company higher at the opening bell Tuesday. Cronos Group confirmed talks late Monday with Marlboro maker Altria about a possible inv
AP - Associated Press
added Dec 4, 2018 17:13

Possible Big Tobacco Deal Causes Cronos' Stock to Soar

A source close to the previous deal said Altria was deep in the diligence stage with Aphria, when the company pulled out without warning either Aphria or CannTrust, with whom Altria had also entertained a potential transaction. Another potential reason f
added Dec 4, 2018 15:29
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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

Medicine or vice? Socially screened funds struggle to define cannabis industry

The $8 trillion U.S. socially responsible investment industry is grappling with that question as more states approve the recreational use of cannabis, pushing consumption closer to “sin” stocks like alcohol and tobacco that ethically focused investors av
added Nov 27, 2018 22:21

The Future Looks Bleak for Tobacco Stocks

It may be the beginning of the end, according to a new report from Tobacco Free Portfolios, a Australia-based nonprofit group that seeks to make investment funds tobacco-free. “A clear downside trend is emerging; 2018 is a glimpse of the future,” accord
added Nov 27, 2018 22:00

[Canada] Turning Point Brands Makes Strategic Investment in Canadian American Standard Hemp Inc.

an industry leading marketer of Other Tobacco Products (“OTP”), announced that it has acquired a minority stake in Canadian American Standard Hemp Inc. (“CASH”). The deal will give TPB 19.99% ownership of CASH. “Combining CASH’s expertise with our infras
Business Wire
added Nov 27, 2018 21:58

[France] UPDATE 1-French insurer AXA extends climate change policy to XL

AXA itself had taken the step to divest from the coal and tar sands industry in late 2017. XL will also refrain from investing in assets related to the tobacco industry and assets related to chemical and biological weapons, cluster bombs or anti-personne
added Nov 27, 2018 21:55
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[UK] Fears of US menthol ban burn hole in Big Tobacco

Billions of pounds were wiped off the value of two British tobacco companies yesterday after reports that American regulators plan to ban menthol cigarettes. Shares in British American Tobacco dropped by more than 10 per cent to their lowest mark since
Times Of London (uk)
added Nov 14, 2018 03:15

The Menthol Meltdown in Tobacco Stocks Could Be a Buying Opportunity

Wells Fargo’s Bonnie Herzog is more upbeat. She notes that the FDA has pledged to adhere to a science-based approach to the menthol issue, and she doesn’t think the science supports the thesis that menthol is more harmful. Thus, she thinks that “menthol
added Nov 14, 2018 17:36
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