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5/22 1:13am
Cigarettes, Products, Smokeless, Tobacco
[$$] Altria creates new ‘core’, ‘innovative’ tobacco units
is hoping to light a fire under its efforts to diversify away from traditional tobacco products, announcing on Tuesday that it was creating two new divisions — one for “core” tobacco like cigarettes, and a separate unit for “innovative” products like vaping devices, as smokers increasingly seek out less harmful options. Altria said that its new “core” division will comprise cigarette maker Philip Morris USA, pipe tobacco and cigar company John Middleton, snuff maker US Smokeless Tobacco Co and Nat Sherman, and its line of premium cigarettes and cigars. The new unit will be headed by Jody Begley, who has held various roles at the company, most recently as president and general manager of Altria’s innovation company Nu Mark.
5/18 2:00pm
Alcohol, Cigarettes
More Young People Are Using Marijuana Before Cigarettes or Alcohol
Young people are increasingly choosing marijuana over cigarettes or alcohol, according to a new study. The number of 12 to 21-year olds who used ...
5/18 11:58am
Cigarettes, Smokeless
Government proposal leaves markets gasping -- and Italians vaping
While Italy's 5-Star Movement and League party left financial markets gasping on Friday with promises to raise government spending dramatically, users and producers of electronic cigarettes were breathing more easily. The parties' 57-page "contract", which is supposed to underpin a new coalition government, includes two lines promising to lower levies on smokeless cigarettes to the benefit of Italy's 2 million e-smokers, and a business worth 350 million euros (305.8 million pounds) a year. "Out with the tax on electronic cigarettes!" League leader Matteo Salvini said earlier this week in a video streamed on Facebook, before the programme had been finalised.
5/18 10:30am
Alcohol, Cigarettes, Research
Young People Choosing Marijuana Over Alcohol and Cigarettes as Their First Drug
Increasing numbers of young Americans are choosing marijuana over cigarettes or alcohol as their first drug of choice, according to new research ...
5/16 4:37pm
Cigarettes, Investors
Philip Morris CEO Says IQos Needs Cultural, Rural Spin for Japan
Philip Morris International Inc. is trying on a new strategy to appeal to more conservative smokers in Japan who aren’t willingly exchanging their cigarettes for high-tech gadgets. The reasons behind the deceleration: increased competition and difficulty breaking into an older, more rural demographic, according to Chief Executive Officer Andre Calantzopoulos. More than 5.4 million Japanese consumers were using iQos as of March, and investors see it as a test case for how it could expand across the globe.
5/16 4:37pm
Cigarettes, Investors
Philip Morris Targets Aging Japan Smokers With Cultural Spin
Philip Morris International Inc. is trying on a new strategy to appeal to more conservative smokers in Japan who aren’t willingly exchanging their cigarettes for high-tech gadgets. The reasons behind the deceleration: increased competition and difficulty breaking into an older, more rural demographic, according to Chief Executive Officer Andre Calantzopoulos. More than 5.4 million Japanese consumers were using iQos as of March, and investors see it as a test case for how it could expand across the globe.
5/15 7:13am
Cigarettes, Marketing, Software, Tobacco
Special Report: Philip Morris device knows a lot about your smoking habit
TOKYO/NEUCHATEL, Switzerland (Reuters) - In seeking regulatory approval for a new smoking device called iQOS, Philip Morris International Inc is claiming the electronic gadget is less likely to cause disease than traditional cigarettes. The tobacco giant is already building a database of iQOS customers who register with the company. The initiative, if allowed by regulators, could extract information about a user's smoking routine from the device and use it for marketing purposes, said a former project manager at the company who tested the software in Japan.
5/15 6:20am
Cigarettes, Products
Philip Morris International Sustainability Report Shows Relentless Business Shift toward Smoke-Free Future
Philip Morris International Inc. (“PMI”) (PM) today published its third Sustainability Report (2017), outlining the concrete steps being taken to fundamentally transform its business by putting smoke-free products at the core of PMI’s sustainability efforts to address wider societal challenges, drive operational excellence, manage its social impact and reduce its environmental footprint. PMI’s commitment and ambition is to replace cigarettes as soon as possible with better alternatives to smoking for the millions of men and women who would otherwise continue to smoke. In its report, PMI provides a more comprehensive picture of its sustainability activities.
5/14 12:07am
Cannabis, Cigarettes
Cannabis use up among parents with children in the home
NEW YORK--Cannabis use increased among parents who smoke cigarettes, as well as among non-smoking parents, according to a latest study from ...
5/10 7:35am
Cigarettes, Research
Pre-Market Technical Recap on Altria Group and Three Additioanl Cigarettes Stocks
Stock Research Monitor: BTI, PM, and VGR LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want a free Stock Review on MO sign up now at . Today, shifts ...
5/09 2:14pm
Cigarettes, Food, Products, Tobacco
Philip Morris tries to prove it can pivot past cigarettes — before its rivals do
Philip Morris International sells Marlboro cigarettes outside the U.S. The Big Tobacco company is now trying to pivot toward smoke-free products, including IQOS. Philip Morris has applied to introduce IQOS in the U.S. and is awaiting a decision from the Food and Drug Administration.
1/25 6:07pm
Cigarettes, Deals, Food, Products, Tobacco
U.S. panel deals blow to Philip Morris tobacco device
Philip Morris International Inc (PM.N) should not be allowed to claim its iQOS electronic tobacco product is less risky than cigarettes, U.S. health advisers said on Thursday, dealing a blow to the company as it seeks to strengthen its portfolio of alternative nicotine devices. The recommendation is not binding and the U.S. Food and Drug Administration could still allow Philip Morris to make such a claim, but some analysts think the agency might ask for additional data first. Philip Morris, which has spent more than $3 billion to develop products that can counteract the decline in traditional cigarette sales, said it was encouraged by some of the committee members' comments that iQOS may have risk-reduction potential.
1/25 5:06pm
Cigarettes, Marketing, Tobacco
US panel rejects marketing plan for heated tobacco device
SILVER SPRING, Md. (AP) — Government advisers dealt a blow Thursday to Philip Morris International's hopes to sell its heat-not-burn device in the United States as a less-harmful alternative to cigarettes.
1/25 11:53am
Cigarettes, Marketing
Philip Morris could win even if its iQOS marketing application fails
A failed attempt to market iQOS as safer than cigarettes could still be a win for Philip Morris, says a former FDA official.
10/10 6:03am
Can Altria Actually Win by Attacking Cigarettes?
A lawsuit 20 years ago likely never envisioned the new industry environment.
10/06 5:04pm
Cigarettes, Tobacco
What Impact Will Self-Critical Ads Have on Tobacco Stocks?
Increasing FDA regulation has dented tobacco companies' revenues significantly. The latest move to advertise against cigarettes is expected to raise concerns of accelerated sales declines for traditional cigarettes.
7/24 10:38am
Cigarettes, Tobacco
Will Declining Volumes Hurt Altria's (MO) Earnings in Q2?
Despite strong brand portfolio, we believe declining demand for cigarettes due to the ongoing anti-tobacco campaigns and rising cigarette prices will continue to hurt Altria's (MO) earnings.
7/22 1:16pm
Advertising, Cigarettes, Tobacco
India's Delhi government tells Philip Morris to remove all ads
The state government in India's capital told Philip Morris International Inc and other tobacco companies on Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply. The order, sent by Delhi state's chief tobacco control officer S. K. Arora, comes days after Reuters reported that Philip Morris was promoting Marlboro cigarettes, the world's best-selling brand, by advertising them at tobacco shops and distributing free cigarette samples.
7/21 2:33pm
Cigarettes, Marketing, Products, Tobacco
India to quiz Philip Morris on marketing of Marlboro
India plans to seek an explanation from Philip Morris International Inc about its marketing practices after Reuters reported that the tobacco giant used tactics that government officials say flout the country's law, a health ministry official said on Friday. Philip Morris advertises Marlboro cigarettes, the world’s best-selling brand, at tobacco shops in India and distributes free smokes at nightclubs and bars frequented by young people to promote the brand, Reuters reported earlier this week. Indian government officials previously have said these marketing activities violate the country's Cigarettes and Other Tobacco Products Act and its accompanying rules, but companies get away with it because enforcement is weak.
6/30 12:21pm
Cigarettes, Smokeless, Tobacco
Tobacco group Philip Morris sees iQOS as key to smokeless future in UK
Cigarette maker Philip Morris International thinks its iQOS heated tobacco product can make Britain smoke-free in the coming years, an executive said on Friday. Since iQOS was launched in the UK in December, Philip Morris has found that about 70 percent of people that use it are able to give up conventional cigarettes, Peter Nixon, its UK and Ireland managing director, told BBC Radio. "It's unprecedented," Nixon told the Today show.
6/20 6:20am
Cigarettes, Tobacco
Cigarette Use Among Young Drops, Posing Threat to Tobacco Industry
Teenagers are smoking and using e-cigarettes much less now than a year ago. The trend is a threat to the financial success of the tobacco industry.
6/16 9:25am
Biotechnology, Cigarettes, Products, Science, Tobacco
22nd Century Meets with FDA on Modified Risk Tobacco Product Application for World’s Lowest Nicotine Tobacco Cigarettes
22nd Century Group, Inc. , a plant biotechnology company that is a leader in tobacco harm reduction, announced today that the Company and its wholly-owned subsidiary, Goodrich Tobacco Company, held yesterday a very encouraging and productive meeting with the Office of Science of the Center for Tobacco Products of the U.S.
6/15 9:28am
Biotechnology, Cannabis, Cigarettes, Research, Tobacco
New International Survey Shows Overwhelming Support for Very Low Nicotine Cigarettes
22nd Century Group, Inc. , a plant biotechnology company that is focused on tobacco harm reduction and cannabis research, announced today that the Company commissioned Harris Poll to conduct an international online survey from May 24–28, 2017 among over 6,000 adults ages 18+ in the United States, Japan, Australia, Canada, and the United Kingdom.
6/13 11:18am
Cannabis, Cigarettes, Products, Tobacco, Extracts
Imperial Brands names cannabis expert to board
Tobacco company Imperial Brands has named an expert in medicinal cannabis to its board of directors, it said on Tuesday, the latest example of tobacco companies moving beyond their traditional products. The maker of Gauloises and Winston cigarettes said it had appointed Simon Langelier, chairman of PharmaCielo Ltd, to its board on June 12. PharmaCielo is a Canadian-based supplier of medicinal-grade cannabis oil extracts and related products.
6/13 8:37am
Cannabis, Cigarettes, Manufacturer, Tobacco
U.K. Tobacco Giant Gets Medicinal Cannabis Expertise
Imperial Brands Plc gained the services of a leader in the field of medicinal cannabis as the British tobacco manufacturer seeks to further its push beyond cigarettes.