Mystery Surrounds Imperial Brands Cigar Division Buyer Allied Cigar Corp.
Who are the buyers behind the $1.33 billion Imperial Brands cigar division buyout? That's the question and subject of a recent article from Bloomberg...
British American Tobacco Announces the Acquisition of Dryft Modern Oral Nicotine Business
Modoral Brands, a company that is indirectly, wholly owned by Reynolds American, Inc., has announced the acquisition of Dryft Sciences, LLC, a U.S.-based modern...
Cigar Factories Around the World Impacted by Coronavirus
COVID-19, also known as the coronavirus, was named a global pandemic by the World Health Organization on March 11, 2020, and its impact...
California Will Not Allow Tobacco Distributors to Hold a Wholesaler License
If you distribute tobacco and cigarette products in the state of California, you will soon be prohibited from also holding a cigarette and tobacco...
Altria Releases Fourth Quarter 2022 Report
Altria Group, Inc. has released its 2022 fourth-quarter and full-year business results. In the fourth quarter, net revenues decreased by 2.3 percent to $6.1...
Tully Pleads Guilty in $833,000 Mail Fraud
Ronald Tully, the co-founder of the Richmond, Va.-based trade group Council of Independent Tobacco Manufacturers of America (CITMA), has pleaded guilty to mail fraud.
Tully...
PMI Talks New IQOS Releases, Smoke-Free Future Growth
During a presentation delivered during its 2021 Investor Day in February, Philip Morris International stated its ambitious goal that will have many in the...
Jack Bowles Named New CEO of British American Tobacco
Days after revealing that Nicandro Durante would be retiring from his position of CEO of British American Tobacco (BAT) , the company is now...
Philip Morris Reports Growth and Gains in 2022
Philip Morris International, Inc. (PMI) released its 2022 fourth quarter and full-year results for 2022 which revealed a mostly strong performance even with some...
Four of the Largest Cigar Manufacturers Not Exhibiting at PCA 2020
Trade shows are a key marketing, promotion and sales tool for companies in any industry, tobacco being no exception. For tobacco companies operating in...
