Altria Abandons Expiring Cronos Warrant; Maintains Initial Investment

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Dec 19, 2022

Altria Group, Inc (NYSE:MO, Financial) today announced that its wholly owned subsidiary, Altria Summit LLC, has notified Cronos Group Inc. (Cronos) of its irrevocable abandonment of (i) its warrant to purchase additional common shares of Cronos (the Warrant) and (ii) all rights that it may have held in the Warrant or any common shares underlying the Warrant for no consideration.