MO News & Events

Tobacco companies are heavily investing in factories in the U.S. as they shift their focus to nicotine pouches after exploding in popularity, Murray Carpenter of The New York Times reports. Companies are racing to meet the increased demand, investing over $1B in plant production. The marketing of these nicotine-laden items, however, has heightened public health concerns, with experts accusing the industry of deliberately ignoring decades of science. Publicly traded companies in tobacco products space include Philip Morris (PM), Altria Group (MO), British American Tobacco (BTI) and Imperial Brands (IMBBY).

The Food and Drug Administration will announce today that it will allow Philip Morris' (PM) Zyn nicotine pouches to be marketed as a safer option for smokers, reported Axios' Caitlin Owens. Other publicly traded companies in tobacco products space include Altria Group (MO), British American Tobacco (BTI) and Imperial Brands (IMBBY).