RE:RE:Rumours TLRY/CRON and Altria The real winners of US legalization are the major tobacco, alcohol and pharma companies. They have the land, the facilities, the money, the distribution networks and the retail relationships to get cannabis everywhere it needs to be. While the tobacco companies are not investing directly in cannabis, they are partnering with cannabis companies to gain toeholds on a cash cow that will get them off of tobacco.
As a leading, integrated cannabis company with partnerships including Charlotte’s Web (OTCMKTS: CWBHF), Novartis (NYSE: NVS) and Altria (NYSE: MO) (via the Aphria merger), Tilray is in a prime position to capitalize on US legalization.