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home / news releases / CRON - Is Altria A Good Dividend Stock? No And A Critical Look At The Cannabis Thesis

CRON - Is Altria A Good Dividend Stock? No And A Critical Look At The Cannabis Thesis

Cronos Group Inc.
  • At recent prices, Altria has a generous 7.3% dividend yield.
  • Due to a large debt position, the dividend growth story hinges on Altria's ability to sustain its underlying growth.
  • Altria has been able to offset declining shipment volumes with higher prices, but is this sustainable?
  • Who wouldn't want to buy Altria as a long term winner of US cannabis, and get paid 7.3% to wait?
  • I explain why the cannabis thesis is all but busted.

For further details see:

Is Altria A Good Dividend Stock? No, And A Critical Look At The Cannabis Thesis
Stock Information
Company Name: Cronos Group Inc.
Stock Symbol: CRON
Market: NASDAQ
Website: thecronosgroup.com
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