Altria Group, Inc.
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MO Company Description
Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs. It operates a joint venture with Japan Tobacco in the heated tobacco category.
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Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs. It operates a joint venture with Japan Tobacco in the heated tobacco category. Show Less
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