News
Reports on the Demise of the Tobacco Industry Have Been Greatly Exaggerated
A Citi analyst says smoking will disappear by 2050, and maybe this is going to happen in the US, some parts of Europe, Australia, and some parts of Latin America. Read more
Breaking News: InterTabac/InterSupply Postponed to 2022
InterTabac – the world's largest trade fair for tobacco products and smoking accessories – and InterSupply have been postpone to September 15-17, 2022. Read more
US Lawmakers Want FDA to Ban All Flavored E-Cigs
Forty-three members of Congress are urging the US Food and Drug Administration to take all flavored e-cigarettes off the market. Read more
Tighter Rules for Cigarette Makers in Philippines SEZs
The Philippines will soon require cigarette manufacturers wanting to set up operation in special economic zones (SEZs) to register with the Bureau of Internal Revenue (BIR). According to the department of finance Read more
Vietnam Extends Quota for Cambodian Tobacco Leaf
Vietnam has extended its 3,000-ton duty-free quota for Cambodian dried tobacco leaves for 2021 as part of the renewal of the Bilateral Trade Facilitation Agreement for 2021-2022 Read more
China Strengthens E-Cig Laws, Vape Stocks Plummet
China is planning to strengthen its laws on e-cigarettes and other new tobacco products, treating the products more like tobacco cigarettes Read more
Keith Merrick Joins US Tobacco
US Tobacco Cooperative (USTC) has a new c.f.o., Keith Merrick, effective March 1. Prior to joining USTC, Merrick was the market president and senior business relationship manager for Wells Fargo in Wilson and Rocky Mount, NC Read more
Smoking Prevalence Worldwide
One-in-five (20%) adults in the world smoke tobacco, according to data published by WHO. It might be surprising to know where smoking is most prevalent. Read more
BAT Takes Stake in Canadian Cannabis Producer
Organigram Holdings Inc announced a C$221 million (US$175 million) investment from British American Tobacco (BAT) which represents a 19.9% share of the company. Read more
Vape Advocates: A Global Vape Ban Would Increase Cig Smoking
Millions of vapers across Asia could feel forced to return to smoking if a proposal from the World Health Organization (WHO) has its way and encourages global lawmakers to ban e-cigarettes and other smokeless products. Read more
Report: Global RYO Sales to Reach +US$10 Billion by 2028
A new report forecasts that global roll-your-own market will reach over US$10 billion in sales by 2028, expanding at 4.2% from 2021 to 2028. Read more
Altria Leaning into the Cannabis Business
Altria has registered for cannabis sales in Virginia, setting it well on its way to becoming one of the world’s biggest and most influential cannabis companies. Read more
8% Excise Tax Hike in SA
After bans or restrictions due to Covid-19 last year, the South African government has now announced that it will increase the excise duties on alcohol and tobacco products by 8%. Read more
Vaping Better Than Nicotine Replacement for Quitting Smoking
Researchers at King’s College London found that vaping is better for quitting smoking than nicotine replacement therapy, but incorrect perceptions of vaping’s relative risks compared to smoking may be discouraging smokers Read more
Pakistan’s Cigarette Production Surges
Latest figures from the Pakistan Bureau of Statistics revealed that cigarette production in the country went up by 14.5% with a total worth of PKR25 billion in the first half of this fiscal year Read more
BAT Wins Appeal in Ukraine
British American Tobacco-owned Prylucky Tobacco Company won its appeal against Ukraine’s Antimonopoly Committee over a UAH450 million (US$16.1 million) fine. Read more
Pakistan: PTC New Strategy; Tobacco Exports Up
Pakistan Tobacco Company Limited unveiled its new logo meant to reflect the company’s evolved strategy, in line with its parent company British American Tobacco plc (BAT) that set out three clear priorities for its business across the globe Read more
Philip Morris Hosts Virtual 2021 Investor Day
Philip Morris International Inc.’s senior management presented the company’s business strategies last week at a virtual investor meeting, broadcast from the company’s operations center in Lausanne, Switzerland. Read more
JT Announces Major Changes to Strengthen its Tobacco Business
Japan Tobacco Inc. announced a new operating model last week to strengthen the competitiveness and profitability of its tobacco business. Read more