The Latest Breaking News from Tobacco

An Illinois law bans schools from fining students, so local police are doing it for them

The proposed rule, which targets the cigarettes that black smokers overwhelmingly prefer, will harm the community it is supposed to help.

WASHINGTON — The Food and Drug Administration on Thursday proposed a long-awaited ban on menthol cigarettes and flavored cigars, targeting products used by more than a third of smokers.

Altria Group Inc (NYSE:MO) reported a first-quarter FY22 sales decline of 2.4% year-on-year to $5.89 billion. Revenues net of excise taxes fell 1.3% to $4.82 billion. Net revenues for smokeable products increased 0.3%, and oral tobacco products fell 2.1%. Total cigarette volume declined 12%, with Marlboro shipment volume down 11.1%. Marlboro retail share…

FDA commissioner Robert Califf said these rules "are appropriate for the protection of public health."

MYSURU

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.

The FDA Thursday proposed a ban on menthol cigarettes and all flavored cigars, a move that could take effect in about a year.

Nepal is banning imports of cars, alcohol and tobacco and cutting its work week to cope with a shortage of foreign exchange

Turning Point Brands Inc (NYSE:TPB) reported a first-quarter FY22 sales decline of 6.3% year-on-year to $100.89 million, missing the consensus of $104.59 million. Zig-Zag Products net sales increased 11.4% to $45.7 million. Stoker’s Products net sales rose 8.4% to $31.7 million on double-digit growth of Moist Snuff Tobacco (MST). Gross profit decreased 2.8%…

Key Takeaways: Shares of RLX and its peers fell sharply last month after China’s tobacco regulator announced a new ban on flavored vapes starting in May The group got a small boost earlier this month after the country’s market regulator announced new national standards for e-cigarettes By Judy Yang