Reuters/Lucas Jackson
Boxes of confiscated cigarettes stand on a table at a news conference announcing an organized crime task force take down of an unstamped cigarette trafficking ring in New York.
- The maker of Marlboro cigarettes is reportedly in talks to buy a minority stake in Canadian cannabis producer Aphria, according to Globe & Mail.
- Shares of Aphria rallied more than 16% on the news.
- Officials at both Altria and Aphria didn't immediately respond to a request for comment.
- Watch Altria and Aphria trade in real time here.
Shares of Aphria, a Canadian-based cannabis producer, rallied more than 16% Wednesday after a report said that Altria, the maker of Marlboro cigarettes, was in talks to a minority stake in the company, the Globe & Mail reported, citing unidentified people familiar with the matter.
Officials at both Altria and Aphria didn't immediately respond to a request for comments.
The story is developing..
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