Altria's Stable Income vs Tilray's Struggles
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Altria Group, a tobacco giant, thrives with over twenty billion dollars in annual revenue, fat profit margins, and generous dividends, while Tilray, a cannabis stock, struggles with plunging shares and cash burn. Altrias Moving Beyond Smoking plan, focusing on vapes and oral nicotine pouches, aims to double next-gen revenue, but regulations and competition pose challenges. Altria also holds a significant stake in Cronos, a cannabis company, diversifying its portfolio.
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