Altria Is the Future of Legal Cannabis Why I Invested Big to Capitalize on It

2 years ago

The Altria Group (MO) is the company from which Kraft Food and Phillip Morris International were spun off .

Phillip Morris famously made the statement that they will not pursue legal cannabis for many reasons, including international regulations.  It looks like recent events have taken this titan out of the race for cannabis industrial consolidation.

Enter the Altria Group, a dividend champion and the parent group of Phillip Morris.  ALTRIA only operates in the USA and owns Marlboro.  

I recommend buying now.  The Altria Group is near a 52-week low and fell double digits last week.

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