 Hey guys, how you doing? This is your boy rich here. We have a rich TV live and yesterday. We had some huge news Kronos soars on report that Altria and talks to buy Canadian pot company. This was the news yesterday and because of it Kronos group had a day Okay, Kronos group CR on dot TO sword helping curb a broader decline in pot stocks Following a report that tobacco company Altria is in early talks to buy the Canadian cannabis producer Kronos jumped as much as 30%. This is yesterday in New York following the Rooters report Which cited unidentified people familiar with the matter Altria also jumped Kronos spokesperson spokeswoman Anna Slimac said the Toronto based company doesn't comment on market rumors Altria Steven Callahan didn't immediately return requests for comment the tobacco firm based in Richmond, Virginia said in September It was exploring its options on cannabis would follow US Federal law where the drug remains illegal Tobacco stocks rose in the report Altria rose to a session high adding as much as 2.4 percent While Philip Morris international ink paired its decline Philip Morris a spin-off of Altria has set in its Interested in it is interested in getting into cannabis chief financial officer Martin King in November Interview with Bloomberg reaffirmed that saying that the company had a lot going on in the tobacco space already It has a heat not burn tobacco device IQ OS Which Altria would market in the US if it gets regulatory approval the report caused the cannabis sector to moderately To moderate early declines prompted by a short-cellar report that called aphria ink a black hole Aphria called the allegations false and defamatory the company shares were down 20% to 12 13 p.m. In Toronto So this was yesterday's news and once again today. What do we see? We see Bam more news Canadian cannabis company Kronos group in talks with Altria group and here it is again up 5% today so you can see they were up yesterday. They're up today on this news again What do you think about this news now? Remember rich TV live is strictly for education and entertainment purposes Always do your due diligence always do your research before you invest in anything that we talk about here in rich TV live If you want to join us you can hover over contact and just join our secret stop picks group Follow us on all social media all the tools of the gods that you need are absolutely free right here on www.rich TV live look at this Kronos group of 5.8 percent What do you think about this news? Let's read a little bit further because this is just all over the news Kronos group cron on the Nasdaq and also cron CRON on the TSX today confirmed that is engaged in discussions concerning a potential investment into Altria group Inc in Kronos group No agreement has been reached with respect to any such transaction that there can be no assurance such discussions will lead to an Investment or other transaction involving the companies the rumor is that Altria is looking to acquire Kronos group About Kronos Kronos group is a globally diversified and vertically integrated cannabis company with a presence across five continents Kronos group operates to wholly owned Canadian licensed producers Peace Naturals project Inc, which was the first non-incumbent medical cannabis licensed granted by Health Canada and Original BC limited which is based in the Okanagan Valley British Columbia Kronos group has multiple international production and distribution platforms across five continents Kronos group intends to continue to rapidly expand its global footprint as it focuses on building an international iconic brand portfolio and Developing disruptive intellectual property Kronos group is committed to building industry leading companies that transform the perception of cannabis and responsibility elevate the customer experience and Responsibility elevate the customer experience. So What do you think about this news? Do you like this news? Do you think that Kron will continue to rise on this news? Do you believe that? Altria will acquire Kronos group now Kronos group is up on this news today once again Wow now up 6.78% so the momentum is growing for Kronos group. Are you buying Kronos group? Do you like it at these prices? What do you think? Are you waiting to position yourself? Look at this? Altria is also up on this news slightly 0.27% so what do you think about this news? Comment down below share this video everywhere. Remember if I win and you win we all win. It's true This is big news Everything is red today. Okay, pretty much in the marketplace except for Kronos group So there is definitely where there's smoke. There's fire and here we see Kronos group is Skyrocketing now while we're doing this video now up 7% at $10.89 cents at we as we speak What do you think about this? Have you jumped in on this? Are you making money on this? Have you day-traded this? Are you longing this stock? Wow, looks like we're approaching 11 dollars here We're at $10 and 92 cents up 7.28% right now at $10 and 91 cents So right now Kronos group is moving up as we speak the talks are heating up with Altria and If they get acquired we could see this baby skyrocket even further. What do you think? Please? Let me know give us your opinion This is your boy rich if you're not winning you're not watching. Yes Afria is getting crushed today. We know the shorters are winning that war. Hey, man If you shorted them congratulations 50% in two days, but I promise you Afria will be back I promise you Afria will be back and all the haters and all the shorters that are piling on right now They will be squeezed but right now they're winning. They're making money. Happy for you. Good Christmas Hope you guys are happy and you make some money. I don't own Afria. So you want to take it down? Hey, go right ahead. There's nothing I can do but what I can tell you is this they will be back They will be back If you're not winning you're not watching it's true. This is your boy rich Bringing you the big news Kronos group moving on talks with Altria. What do you think? It's all over the news guys literally everywhere Look at this everywhere. Look Altria likely to venture into cannabis space with Kronos deal So literally this news is trending everywhere. That is why the stock is moving today on a on a red day So please let me know what you guys think here. It is purse sources Altria group is interested in investing in the Canadian cannabis company Kronos group However, Altria has made no official comments on this matter Perspectives from cannabis persistent regulatory pressure on tobacco consumption along with mass awareness about negative impacts of nicotine Has lowered cigarette consumption rates significantly That's good news Cigarettes are terrible. This has been marring the performance of several tobacco players Tobacco players such aspects have compelled companies like Altria to explore other business Advents for sustenance In this respect a company has been apparently considering to venture into the nascent but booming cannabis industry Well, this is not the first time that Altria has been interested in the marijuana sector in October There were rounds that tobacco giant is considering to buy a stake in Africa Inc Another major cannabis producer in Canada, which is obviously in trouble right now Moreover with legalization of recreational use of marijuana in Canada many companies are foray into the cannabis space In fact companies have been monitoring the health impacts of cannabis and have started viewing cannabis infused products as another recreational option Although Altria is the first tobacco player to depict an interest in cannabis It appears to be behind behemoths from the beverage arena Few months back constellation brands STZ invested in cannabis Company Canada's canopy growth corp Also Coca-Cola KO is eyeing prospects in the market and plans to make an entry Though through investment in Aurora cannabis that said it is yet to be seen What type of cannabis offering Altria will come up with and how it markets them if the company actually invests into Chronos So you can see the price of Altria Wrapping up Notably Altria has been consistently taking robust strides to stay afloat in the tobacco space on the back of effective pricing and Expansion in the East cigarettes arena This Zach ranks number three hold companies e-vapor products like mark 10 and green smoke are performing Well in the smokeless category. In fact sources are Speculating that Altria might be considering investment in the e-cigarette company Jewel labs ink Also, the company's entry into the cannabis space is likely to provide its significant growth opportunities and boost Brand portfolio we expect that such well chalked efforts will revive the company stock that has lost 6.9% in the past three months almost in line with the industry's fall. What do you think about this news? It's literally everywhere and we are watching chronos group rise literally while we speak Based on this news that is trending all over the market. It is now at ten dollars and ninety four cents up 7.57% what do you think about Cron one of the only cannabis stocks in the green today? Based on the fact that Altria isn't talks to potentially acquire a portion or maybe the entire company All right guys, all we do is bring you the winners. We bring in the news and we break it to you first Have yourself a great day. This is your boy rich and I'm oh peace