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CRON Cronos Group Inc

3.57
-0.06 (-1.65%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cronos Group Inc TSX:CRON Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.06 -1.65% 3.57 3.52 3.59 3.61 3.49 3.58 214,744 21:12:14

Cronos Confirms Talks for Possible Investment From Altria

04/12/2018 1:10am

Dow Jones News


Cronos (TSX:CRON)
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   By Josh Beckerman 
 

Cannabis company Cronos Group Inc. (CRON) confirmed that it is in talks to receive a potential investment from Altria Group Inc. (MO).

Reuters reported earlier Monday that Altria was in early-stage talks to buy Cronos. Shares of Cronos rose more than 11% during the regular session, and were up 7.7% to $10.95 after hours.

Cronos said no agreement has been reached and "there can be no assurance such discussions will lead to an investment or other transaction involving the companies."

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

December 03, 2018 19:55 ET (00:55 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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