North America is a Pace Setter for the Burgeoning Cannabis Industry
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
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Source: PR Newswire
NEW YORK, April 18, 2019 /PRNewswire/ -- The tremendous growth of the cannabis market is causing the marketspace to become an emerging global industry. In 2017, U.S. cannabis legal sales were between USD 5.8 Billion and USD 6.6 Billion, according to Marijuana Business Factbook. Perhaps surprisingly, the industry's market value is already comparable to major worldwide corporations such as Netflix and McDonald's. However, the market is still heavily hindered by regulatory restrictions imposed by federal governments around the world. Under international regulations, cannabis is one of the most heavily enforced drugs, primarily due to the psychoactive effects of marijuana. The marijuana plant is comprised primarily of THC, which causes the psychoactive effects. However, the cannabis plant is split into marijuana and hemp, with hemp being the non-psychoactive derivative of the cannabis plant. While the two differ in their makeup, they both offer therapeutic benefits, causing a surge in ado
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MO
Earnings
- 4/25/24 - In-Line
MO
Sec Filings
- 5/6/24 - Form 4
- 5/2/24 - Form 144
- 5/2/24 - Form 144
- MO's page on the SEC website