Cannabis isn’t about the small mom-and-pop grower and community anymore. It’s about celebrity influence and mega-corporations. Many of the small mom-and-pop shops in the United States and Canada that catered to the cannabis community have been forced out of business by megastore competition. The government is doing everything it can to ruin cannabis. Cannabis legalization is more about cannabis control. It’s about you buying cannabis from who they choose when they choose, where they choose and for how much they choose.
Big Tobacco’s Big Move Into Cannabis
Everybody seems to be excited to get in line to buy the first cannabis products ever produced by Marlboro when they’re available. However, Marlboro isn’t going to start making packs of joints anytime soon. They have however made a significant investment in the cannabis sector. Recently Altria made a billion dollar plus investment in the cannabis sector. Altria, of course, is affiliated with big tobacco’s one and only Marlboro. So now a company that has dumped hundreds of millions of dollars into helping keep cannabis illegal is making billion-dollar investments in the industry.
Altria Just Bought a Big Share in Juul
Now Altria has made an even more substantial investment in another company that has more to do with cannabis than some think. The e-cigarette company Juul was just purchased by the mega mongol Altria. Altria has agreed to the terms and conditions of the sale. Their investment was just over 13 billion dollars for a 35% share of Juul. If you’re wondering what this has to do with cannabis, it has everything to do with cannabis. Juul pods are often times filled up with cannabis oil instead of nicotine. This is being done on the black market. It looks like Marlboro found this out and decided to take this to the legal market instead. I mean it looks like Altria found out and they’re looking to make it legal.
