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Re: Hunchbackgeek post# 11009

Tuesday, 11/15/2022 2:11:14 PM

Tuesday, November 15, 2022 2:11:14 PM

Post# of 11067
Hey check it out. Our picks have a mutual investor in BAT(NYSE:BTI)...

"CBD maker Charlotte’s Web lands $56.8M investment from tobacco giant":
November 15, 2022

It’s not the first time BAT has invested in a cannabis company.

In September, BAT secured a minority stake in German cannabis company Sanity Group for an undisclosed sum.

Germany is in the early stages of legalizing recreational cannabis.

In Canada, BAT spent roughly $175 million to take a 19.9% stake in licensed cannabis producer Organigram Holdings in 2021.

BAT invested another $5.1 million in Organigram this year.

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