LATEST ALERTSUS-based 22nd Century believes it is set up for a bright future with further expansion of its VLN cigarette range into three new states and plans to be in 18 total by year’s end
Altria has swapped its 35% stake in Juul Labs for heated tobacco intellectual property rights, ending an investment which plummeted in value from $12.8bn to only $250m in just over four years
Tobacco companies wait for a judicial verdict on the validity of an EU directive outlawing heated tobacco flavours across Europe, but the ban has already come into effect
The significance Big Tobacco companies are placing on novel tobacco products is demonstrated by the continued international expansion many are undertaking
Is Dave Dobbins’s switch from COO of the Truth Initiative to a role with a tobacco company a case of gamekeeper turned poacher – or is there another interpretation we can put on it?
Altria is reported to be in advanced talks to buy e-cigarette company Njoy for around $2.75bn.No deal has been finalised, but an official announcement is possible by the end of the week
A growing share of the Japanese heated tobacco market and the launch of the Ploom X heat-not-burn (HnB) device in the UK contributed to Japan Tobacco International (JTI) posting positive figures for 2022
Philip Morris International (PMI) reports an overall positive performance in 2022, boosted by growth in its Iqos business, with revenues and shipment volumes slightly up for the year
Philip Morris International (PMI) has announced its long-term exclusive rights to sell KT&G’s smoke-free products in more than 30 markets, excluding South Korea
US-based tobacco giant Altria’s net revenues in the oral tobacco segment fell slightly in 2022 despite its nicotine pouch brand On! reporting a positive performance
The US Food and Drug Administration has authorised the marketing of three new tobacco-flavoured heated tobacco products from Philip Morris Products’s supplemental PMTAs
The Antimonopoly Committee of Ukraine has taken a case against Philip Morris Sales and Distribution for violating unfair competition laws, the regulator announced earlier this month
This market snapshot offers an overview of the nicotine pouch market in Denmark, covering retail channels, pricing and product characteristics
The year gone by saw phenomenal growth across the global market for tobacco alternatives, including in the oral segment, heated tobacco and nicotine pouches
British American Tobacco (BAT) said its “new category” business continues to drive substantial volume, revenue, and market share growth – significantly contributing to the company’s overall performance
Philip Morris International (PMI) now owns 93.11% of shares in Swedish Match, meaning it can now begin the process of taking the company off the stock market and making it a wholly-owned PMI subsidiary
There’s been plenty of speculation about PMI’s plans for its new business – but if I were an evil tobacco mastermind trying to prevent uptake of less risky products, very publicly buying Swedish Match wouldn’t be top of my list
Philip Morris International (PMI) has launched its latest heat-not-burn tobacco-heating system, Bonds by Iqos, along with its compatible tobacco sticks, Blends, using the Philippines as a pilot market
Tobacco giant Imperial Brands has told investors that its heated tobacco device Pulze and iD consumables, continued to perform well in its pilot markets of the Czech Republic and Greece,
Jennifer Motles, chief sustainability officer for PMI, has urged companies of all kinds to go beyond seeing ESG (environmental, social and governance) impact reporting as a tick-box exercise
Philip Morris International (PMI) has confirmed that it will go ahead and accept all Swedish Match shares that have been tendered to it despite not achieving its 90% minimum stake threshold
Tobacco producers from around the globe plan to complete their exit from the Russian market by the end of the year by transferring business to local partners, according to recent statements made by company representatives
EU antitrust regulators have conditionally approved the takeover of Swedish nicotine pouch specialist Swedish Match by the tobacco giant Philip Morris International (PMI) for an estimated €16bn
Swedish Match has reported an 18% sales increase in the first nine months of the year, boosted by the smoke-free product segment. The company saw a continued impressive performance in the US market, where Zyn shipment volumes grew by nearly 40%
Fewer people smoking has led to US cigarette maker Altria continuing to see a decrease in revenue over the third quarter of 2022, partially offset by higher net revenues in the oral tobacco products segment
Philip Morris International (PMI) has raised its public offer for its European rival Swedish Match from SEK106 ($9.52) to a final price of SEK116 ($10.42) per share in a bid to finalise its takeover
Philip Morris International (PMI) is investing an additional PHP8.8bn ($150m) in its affiliate company PMFTC to increase production of its heated tobacco sticks in the Philippines
Philip Morris International (PMI) reported strong third quarter results in terms of revenue but saw a number of setbacks in shipment volumes as it looks to meet its goal of becoming a majority smoke-free company by 2025
US cigarette maker Altria has made a $2.7bn agreement with Philip Morris International (PMI) on the exclusive rights to sell Iqos heated tobacco products in the US
Smoking cigarettes is going out of fashion, but having smoked cannabis is becoming much more common in the US, according to recent research conducted by analytics and polling firm Gallup
Dryft, which contends it was forced to sell out of the US nicotine pouch market because of alleged frivolous lawsuits from major nicotine pouch producer Swedish Match, may have an edge in the upcoming court case on the matter
British American Tobacco (BAT) has again bet on the cannabis industry as it looks to diversify its portfolio as part of its plan to transition to a smoke-free future
Swedish Match was the clear winner in this year’s Tobacco Transformation Index, which ranks major tobacco companies on their shift toward reduced-risk products
Organisers of a European Citizens’ Initiative (ECI) need 1m signatures across seven EU member states by next summer for the European Commission to respond to their request for measures leading to Europe’s first tobacco-free generation
TobaccoIntelligence launched a consumer survey in May 2022 to analyse the patterns among vapers and nicotine pouch users in the UK. This report closely examines their nicotine pouch usage, comparing behaviour and preferences by gender, age group and status of using other alternatives
US company 22nd Century Group plans to expand points-of-sale of its low-nicotine conventional cigarette VLN throughout Illinois based on solid pilot results in Chicago, and plans to sign two other distribution partnerships to launch in Colorado
This report closely examines nicotine pouch usage in the US, comparing behaviour and preferences by gender, age group and status of using other nicotine products
Japan Tobacco International (JTI) has reported increases in sales of reduced-risk products, helping offset falling shipment volumes of combustible tobacco products
Altria saw $12.43bn in revenue in the first half of 2022 – a decrease of 4.1% from the same period a year ago – but was encouraged by the positive momentum of its nicotine pouch brand On!
British American Tobacco (BAT) saw revenue from its new products category portfolio rise by 45% in the first half of the year, with good returns from its modern oral and heated tobacco portfolio
Swedish Match has reported a 17% sales increase in the first half of the year, driven by smoke-free products, with solid growth for its Zyn nicotine pouches in both the US and Scandinavian markets
Philip Morris International (PMI) has raised its full year outlook after it saw decent numbers over the first half of 2022
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