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Wednesday, May 01, 2024 3:54:05 AM
“ Back in January, Tilray CEO Simon Irwin told the Wall Street Journal that Tilray would seek and be able to enter the U.S. "pretty quickly" upon rescheduling, either organically entering the U.S. or by acquiring another cannabis company. And while Cronos only sells cannabis in Canada, Germany, and Israel today, it's also 45% owned by cigarette giant Altria. While Cronos actually exited the U.S. CBD business last year and Altria has considered selling Cronos, one has to think Altria may have plans to attempt a U.S. entry for this subsidiary in light of rescheduling.”
https://finance.yahoo.com/news/why-cannabis-companies-tilray-canopy-201500541.html
https://mjbizdaily.com/cronos-pulls-plug-on-us-hemp-and-cbd-operations/
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