Altria Group Inc MO

Consumer Defensive Tobacco

Altria Group, Inc. is a holding company, which provides a portfolio of tobacco products for United States tobacco consumers aged 21+. Its segments include smokeable products, oral tobacco products, and all other. The smokeable products segment includes of combustible cigarettes manufactured and sold by Philip Morris USA Inc. (PM USA), and machine-made large cigars and pipe tobacco manufactured and sold by Middleton. The oral tobacco products segment consists of moist smokeless tobacco (MST) and snus products manufactured and sold by U.S. Smokeless Tobacco Company LLC (USSTC), and oral nicotine pouches manufactured and sold by Helix Innovations LLC (Helix). The oral tobacco products segment includes the premium brands, Copenhagen and Skoal, and Red Seal. It also includes on! oral nicotine pouches. The Company’s e-vapor products are marketed by NJOY, LLC (NJOY), a wholly owned subsidiary of the Company. Its tobacco subsidiaries sell their tobacco products principally to wholesalers.

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Altria Group Inc

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Post by AwareInvestoron Jun 22, 2022 10:13am

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Altria’s Juul Labs Expected To Be Ordered By US FDA To Remov

Altria was dealt a heavy blow this morning when it was reported by the Wall Street Journal that Juul Labs, whom Altria owns a 35% stake in, would be ordered by the US Food and Drug Administration to remove its e-cigarettes from the US market.

https://thedeepdive.ca/altrias-juul-labs-expected-to-be-ordered-by-us-fda-to-remove-products-from-market/

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