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66

TOBACCO BUSINESS INTERNATIONAL

MARCH/APRIL 2015

N

ever one to rest on his

laurels, JM Tobacco’s

Anto

Mahroukian

moved quickly when he

spotted swelling interest in

Nicaraguan cigars. “The crop

of tobacco coming out of the

country was really good and,

as a result, Nicaraguan tobacco

was getting really popular,” he

says, explaining the birth of his

new JM’s Nicaraguan line. “The

tobacco is stronger and sweeter,

so it’s a cigar more geared

toward veteran smokers, versus

the milder JM’s Dominican.”

Debuted

at

the

2014

IPCPR trade show, the line

was an instant hit, with both

versions—a Sumatra and a

Maduro

wrapper—quickly

embraced by cigar smokers. JM’s

Nicaraguans sport the same

vibrant packaging as its sister

cigar, JM’s Dominican, but with

a trim in the same blue used in

the Nicaraguan flag. Like the

company’s flagship product, the

cigars come in eight sizes, are

packaged 50 to a box and retail

for between $4 and $5, placing

them in the value premium

category.

Because the cigars have

a

different

taste

profile,

Mahroukian wasn’t concerned

that the new product would

take market share from JM’s

JM Tobacco’s

NicaraguanVenture

By Jennifer Gelfand

Building on the company value premium

offering, JM Tobacco has debuted a new

Nicaraguan line.