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Tobacco Alternatives

All articles tagged with #tobacco alternatives

business1 year ago•1 min saved

Altria Boosts Earnings Forecast with $2.4 Billion Share Repurchase and AB InBev Stake Sale

Altria Group has increased its share buyback program by $2.4 billion and raised its annual profit forecast after selling about 10% of its stake in Anheuser-Busch InBev. The company plans to use the proceeds to support its transition to alternative tobacco products and reduce debt. Altria's focus on smoke-less alternatives like NJOY vapes and tobacco-free nicotine pouches has been driven by tougher tobacco regulations and increased competition. The sale of AB InBev shares and the brewer's repurchase of shares from Altria is expected to generate around $2.4 billion.

via Yahoo Finance|

#altria-group #anheuser-busch-inbev #business

health2 years ago•0 min saved

"How Sweden Nearly Eliminated Smoking with Snus and Tobacco Alternatives"

Sweden has seen a significant decline in smoking, with many Swedes turning to snus, a form of moistened tobacco or plant-based nicotine pouches, as an alternative. These small round plastic containers containing snus have become a popular choice for nicotine consumption, contributing to the country's reduced smoking rates.

via Bloomberg|

#health #nicotine-pouches #smoking

business2 years ago•3 min saved

WHO Takes Aim at Big Tobacco's Vaping Transition

Big tobacco companies, such as Philip Morris International and British American Tobacco, could face significant losses if tobacco alternatives, like vaping, are subjected to the same regulations as cigarettes, according to investors and analysts. The World Health Organization has called for tighter controls on vapes, citing concerns about nicotine addiction. Stricter regulations and increased awareness of health risks could impact the cigarette businesses of tobacco companies that have been investing in alternative nicotine products. While some countries have embraced vaping as a public health measure, others have banned it altogether. The WHO's recommendations are unlikely to result in immediate global regulatory changes, but they could disadvantage tobacco companies and reduce competition in the long run.

via Reuters|

#big-tobacco #business #regulations