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Currently viewing the tag: "business-tobacco"
All of which suggests investors are being too sanguine about paying huge amounts for businesses now facing the prospect of shrinking demand, diminished pricing power and a less profitable alternative in smoke-free smoking.
Investments in cigarette giants including Phillip Morris and Imperial Tobacco by local authorities in England have increased by hundreds of millions of pounds over the past five years. At the same time, councils have nearly halved the money available to
When Bondi filed the suit last January, she said Florida was already owed $45 million and could lose $30 million a year going forward. Gillen said until R.J. Reynolds has its obligation to pay Florida transferred to Imperial Tobacco Group, it must continu
“What’s going on now is costing legitimate licensed retailers and wholesalers billions of dollars in sales,” James Calvin, director of the New York State Association of Convenience Stores, told The (Oneonta, N.Y.) Daily Star. Here’s a look at how things
22nd Century Group Inc. (NYSE: XXII) is a plant biotechnology company focused on genetic engineering and plant breeding which allows the increase or decrease of the level of nicotine in tobacco plants and the level of cannabinoids in hemp/cannabis plants
The possibility of bankruptcy that is to be discussed at an extraordinary board meeting of the Greek tobacco industry SEKAP, is scheduled for Thursday. SEKAP; which is owned by Russian-Greek investor Ivan Savvidis, has been asked by a Komotini Court of
The three-story Reynolds leaf buildings known as 2-1 and 2-2 are located at 951 Reynolds Blvd… According to the department, building 2-1 “housed two essential elements of the tobacco manufacturing process: stemming and redrying, both necessary to reduc
During a stakeholders’ meeting held in Nairobi two weeks ago, Leadership Impact Dynamics founder Ade Adeyam said the industry must offer alternative products as a tool to help stop smoking. “We believe we can have a big impact on public health by promot
The Wire contacted all the academic institutions targeted in the leaked emails. With the exception of Harvard and Columbia, the rest replied saying they would not be accepting funding linked to the tobacco industry and directed to their already establish
The meteoric rise of Juul to the top of the U.S. electronic cigarette market has spurred a buying spree of its first round of securities. Juul Labs Inc., based in San Francisco, said in a regulatory filing Tuesday that it has sold $111.5 million of a $1