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7/25 3:57am
Manufacture, Production, Tobacco
Philip Morris International to Convert Cigarette Factory in Romania into Smoke-Free Product Facility
Philip Morris International Inc. is planning to invest approximately €490 million to transform its cigarette production factory in Otopeni, near Bucharest, Romania into a high-tech facility to manufacture HEETS, the tobacco units used with the electronic tobacco heating device IQOS.
7/24 9:05pm
Alcohol, Cannabis, Tobacco
Do you think there'll ever be a $100B+ cannabis company?
Do you think this industry will get to the point of huge global giants like tobacco, pharma, alcohol etc.? submitted by /u/CanopyGains [link] [comments]
7/24 9:05pm
Alcohol, Cannabis, Tobacco
Do you think there'll ever be a $100B+ cannabis company?
Do you think this industry will get to the point of huge global giants like tobacco, pharma, alcohol etc.? submitted by /u/CanopyGains [link] [comments]
7/24 12:29pm
News, Tobacco
The Latest Thing Philip Morris International Shareholders Should Worry About
Bad news from the other side of the world could bode poorly for the tobacco giant's future.
7/24 11:34am
Here's What to Expect From Altria Group on Thursday
The tobacco giant's second-quarter earnings will tell a lot about its future direction.
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 3:00pm
Marketing, Tobacco
Philip Morris to Be Questioned by India's Government Over Marketing Practices
The inquiry follows another report in which the tobacco company had allegedly been using marketing tactics that disregard the country's law.
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.
7/21 9:22am
There Are More Novel Ways of Delivering Nicotine: FDA
The bulk of scientists agree that there is no safe form of tobacco.
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.
6/30 9:08am
3 Reasons Philip Morris International, Inc. Stock Could Fall
The global tobacco giant faces challenges. Find out about them.
6/29 11:56am
Investors, Tobacco
Philip Morris (PM) Gains Despite Tobacco Industry Headwinds
Philip Morris (PM) has managed to entice investors, despite the health-related concerns associated with tobacco.
6/20 12:47pm
Does This Trend Spell Doom for U.S. Tobacco Companies?
The Centers for Disease Control hopes so, but companies like Altria and Reynolds American disagree.
6/20 9:55am
Biotechnology, Cannabis, Hemp, Research, Tobacco, Industrial Hemp
22nd Century Partners with The University of Virginia to Utilize Industrial Hemp to Clean Up and Reclaim Polluted Lands
22nd Century Group, Inc. , a plant biotechnology company focused on tobacco harm reduction and cannabis research, announced today that, together with The University of Virginia , it has launched a project aimed at utilizing novel varieties of industrial hemp to clean up and reclaim abandoned mine lands and other polluted areas.
6/20 8:33am
Distribution, Products, Tobacco
Spain's competition watchdog investigating tobacco companies
Spain's anti-trust watchdog is investigating tobacco companies for alleged non-competitive practices in the manufacturing, distribution and commercialisation of their products in the country, the CNMC said on Tuesday. Philip Morris Spain, Altadis, JT International Iberia, British American Tobacco Espana and Compania de Distribucion Integral Logista were all being looked at as part of the investigation, the CNMC said.
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.
6/19 6:41pm
Hemp, Testing, Tobacco
Person County farmers testing hemp as NC's next cash crop
He grew up with tobacco, but with acceptance of smoking changing, he's had to change, too. He grew grain for a few years before considering hemp.
6/19 12:44pm
Products, Tobacco
Altria's 'Reduced Risk' Innovation To Offset Secular Pressures
The FDA has begun the scientific review of Philip Morris International’s Modified Risk Tobacco Product Application for its iQOS device. If and when iQOS gets approved, Altria will get exclusive rights to sell the products in the U.S.
6/19 8:30am
Philip Morris International to Build Smoke-Free Product Facility in Germany
Philip Morris International Inc. announces plans to invest approximately USD 320 million in a new high-tech facility in Dresden, Germany, to produce HEETS, the tobacco units to be used with the electronic tobacco heating device IQOS.
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.
6/16 7:21am
Cannabis, Tobacco
Is This Cigarette Giant Looking More Closely at Marijuana?
Global tobacco company Imperial Brands just added some cannabis expertise to its board.
6/15 1:39pm
Tobacco Stocks Probing New Highs
Tobacco stocks have provided healthy returns for years and should continue to outperform into the new decade.
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.
6/14 8:50pm
Cannabis, Tobacco
Imperial Brands Recruits Cannabis Expert to Board
Facing declines, Big Tobacco could leverage its expertise for the booming marijuana market.