US tobacco farmers may switch to growing cannabis

The future for some US tobacco farmers may be in growing cannabis.

US tobacco farmers may switch to growing cannabis
Tue, 11 Dec, 2018 - 05:55
Kristine Owram

The future for some US tobacco farmers may be in growing cannabis.

Altria, the US maker of Marlboro cigarettes, made a $1.8bn (€1.58bn) investment in Cronos last week amid pressure to find new growth avenues as US smoking rates decline.

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CourtsCannabisPlace: USPlace: TorontoPlace: KentuckyPlace: NiagaraPlace: OntarioPerson: Mike GorensteinPerson: GorensteinPerson: Steven CallahanPerson: CEOPerson: Peter AcetoOrganisation: AltriaOrganisation: CronosOrganisation: CannTrust HoldingsOrganisation: Bloomberg
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