Source: NC BUSINESS NEWS WIRE, 2/9/18


Alliance One International Inc., which provides tobacco to cigarette manufacturers, saw its shares rise by nearly 30 percent in pre-market trading after it disclosed plans to expand its business into e-liquids, industrial hemp and cannabis. The Morrisville, North Carolina-based company believes these new products generally have higher margin potential than their core business and will play well to the company’s strengths.

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