Home / Market News / Cannabis stock Cronos soars 24% as Altria takes major stake

Cannabis stock Cronos soars 24% as Altria takes major stake

Shares of Canada’s Cronos Corp. rocketed more than 24% Friday, after Altria Group Inc. agreed to take a major stake in the company and become its exclusive partner in the cannabis sector as new markets for medical and recreational weed open around the world.


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