Oct 10, 2018

Report: Marlboro cigarette maker in talks to buy cannabis company

Marijuana plant.

Photo by Andrew Lichtenstein/Corbis via Getty Images

Altria, the Virginia-based maker of Marlboro cigarettes, is in talks to buy Canadian cannabis company Aphria, according to The Globe & Mail.

Why it matters: This would be big tobacco's first major diversification into the cannabis market, following big beverage makers like Constellation Brands and Coca-Cola.

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