Tobacco giant Altria has invested $1.8 billion in Canadian cannabis company Cronos.

Under the terms of the deal Altria, the parent company of the Marlboro cigarette brand, will acquire a 45 percent ownership stake in Cronos. Cronos Group shares soared by 30 percent and Altria rose 2 percent in early trading after news of the deal was made public.

See the original article at High Times