Oct 10 (Reuters) - Marlboro maker Altria Group (NYSE:MO) Inc MO.N is in talks for a stake in Canadian cannabis producer Aphria Inc APH.TO , the Globe and Mail reported on Wednesday, citing multiple sources.
The details of Altria's investment are still being finalized though it has expressed interest in buying a minority stake in Aphria with the intention of eventually holding a majority, the report https://www.theglobeandmail.com/cannabis/article-marlboro-maker-altria-in-talks-with-pot-grower-aphria said.
Several consumer companies are looking to strike deals with Canada's cannabis companies as sales of recreational marijuana is legalized in the G-7 country, starting Oct. 17.
Altria and Aphria were not immediately available for comment.
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