Reynolds American Inc. said Tuesday that its first-quarter net income jumped 88 percent as higher prices and lower the cost of long-standing legal settlement offset declining cigarette sales.
The second-largest tobacco company is the nation earned $ 508 million, or 92 cents a share, for the quarter ended March 31, compared with $ 270 million, or 47 cents a share, a year ago.
Tobacco Info
Tobacco is an annual or bi-annual growing 1-3 meters tall with large sticky leaves that contain nicotine. Native to the Americas, tobacco has a long history of use as a shamanic inebriant and stimulant. It is extremely popular and well-known for its addictive potential.
Nicotiana rustica leaves. Nicotiana rustica leaves have a nicotine content as high as 9%, whereas Nicotiana tabacum (common tobacco) leaves contain about 1 to 3%
A cigar is a tightly rolled bundle of dried and fermented tobacco which is ignited so that its smoke may be drawn into the mouth. Cigar tobacco is grown in significant quantities in Brazil, Cameroon, Cuba, Dominican Republic, Honduras, Indonesia, Mexico, Nicaragua, Sumatra, Philippines, and the Eastern United States.
Tobacco is an agricultural product processed from the fresh leaves of plants in the genus Nicotiana. It can be consumed, used as an organic pesticide, and in the form of nicotine tartrate it is used in some medicines. In consumption it may be in the form of cigarettes smoking, snuffing, chewing, dipping tobacco, or snus.
Cigarettes are smoking products consumed by people and made out of cut tobacco leaves. Cigars are typically composed completely of whole-leaf tobacco. A cigarette has smaller size, composed of processed leaf, and white paper wrapping. The term cigarette refers to a tobacco cigarette too but it can apply to similar devices containing other herbs, such as cannabis.
The federal government projects to push tobacco companies to sell their cigarettes in packages that do not carry any characteristic brand designs focused at appealing smokers to purchase their product.
Prime Minister Justin Trudeau signaled in the mandate letter he not long ago provided to Health Minister Jane Philpott that he likes the project to be one of her “major priorities.”
