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Benzinga
Benzinga
Politics
Chris Katje

Could Biden Extinguish Tobacco Stocks With This Regulation?

The U.S. government could be speeding up a plan to ban menthol cigarettes, according to a new report. Here’s the new timeline and two stocks that could be affected.

What Happened: The Biden Administration could advance a ban on menthol cigarettes, according to a Wall Street Journal report. The administration under President Joe Biden has worked on pushing forward a plan that was started under President Barack Obama and later shelved by President Donald Trump. 

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