Is This The End Of The Cannabis Bloodbath?

Posted by Alex Kimani

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The battered marijuana sector has received a much-needed shot in the arm after tobacco company Altria Group Inc. (NYSE:MO) agreed to take a minority stake in Cronos Group Inc.(NASDAQ:CRON), the fourth-largest Canadian cannabis producer. Cronos shares surged 20 percent and triggered a mini-rally for pot stocks after the Marlboro cigarette maker agreed to make a $1.8-billion investment in the company, good for a 45 percent stake…. CLICK for complete article

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