If you’ve been observing the enthusiastic welcome that legal pot has been getting from the business and investment community, you — like Motley Fool Money fan Philip — may have been wondering: Why is it that the giant companies that already specialize in turning plant products into smokable commodities haven’t made serious moves into marijuana?
Well, as podcast host Chris Hill and Fool senior analysts Ron Gross, David Kretzmann, and Jason Moser, discuss in this segment from the Motley Fool Money podcast, Big Tobacco is apparently beginning to do that, with Altria considering taking a minority stake in Canadian pot player Aphria.
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