BREAKING NEWS: The Marijuana Buyout Boom is underway!

And it could spark a Santa Claus rally for pot stocks.

Go here ASAP for urgent details.

Yesterday, Reuters reported that Altria Group (NYSE: MO) was in talks to buy Cronos Group (NASDAQ: CGC).

Cronos stock jumped as much as 30% on Monday – before closing the day up 11%.

The news remained unconfirmed . . . until 7:21 p.m., when Cronos issued a brief press release:

TORONTO, Dec. 3, 2018 /PRNewswire/ – Cronos Group Inc. (NASDAQ:  CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today confirmed that it is engaged in discussions concerning a potential investment by Altria Group Inc. (NYSE: MI) (“Altria Group”) in Cronos Group. No agreement has been reached with respect to any such transaction and there can be no assurance such discussions will lead to an investment or other transaction involving the companies.

In September Altria said it was exploring options related to cannabis investments.

It’s unclear whether Altria is considering a 100% purchase of Cronos – or making a sizable equity investment in the company.

An acquisition would be huge news for the entire sector. You’ll recall what happened back in mid-August . . .

Wall Street Journal: Corona Brewer Bets $4 Billion on Cannabis Startup

A fortune 500 company named Constellation Brands (NYSE: STZ) invested $4 billion in Canopy Growth (NYSE: CGC).

Canopy stock shot up 113% in just three weeks. More importantly, the entire sector surged higher . . .

Take a look at this chart of the Horizons Marijuana ETF (TSE: HMMJ).

POT STOCK ACQUISITION

It jumped 66% in just two months following the Constellation investment in Canopy Growth.

Altria is a huge company – with a market capitalization of $105 billion. Last year, the company’s sales totaled $12 billion.

But the demand for the company’s cigarettes is falling. Here in the U.S., cigarette smoking fell to its lowest level since researchers started tracking this information.

As a result, Altria sales are only expected to grow by 0.9% next year.

That’s why Altria is considering a major investment – or outright acquisition of Cronos Group.

Altria’s investment would be a stamp of approval for this huge $100 billion growth sector.

Frankly, I’m expecting that this news will spark a Santa Claus rally for pot stocks.

Go here now for my urgent briefing (it’s FREE).

Yours in Profits,

Ian Wyatt

Published by Wyatt Investment Research at