Category Archives: tobacco strategy

State launches crackdown on reservation cigarettes

ALBANY — The state has begun a crackdown on tax-free sales of cigarettes by American Indian retailers, including seizure of thousands of tobacco products in recent weeks and secret surveillance of reservation smoke shops, officials of Gov. Andrew M. Cuomo’s administration Wednesday told The Buffalo News.

British American Tobacco Remains Only Strategic Bidder for Bulgartabac

Only three companies have remained to bid for the privatization of Bulgaria’s state-owned cigarette-making giant Bulgartabac bulgar tobaccoHolding, and only one of them is a strategic investor – British American Tobacco.

Philip Morris Claims Australia’s Plain Cigarette Package Plan is Illegal

Philip Morris International Inc. (PM), the world’s largest publicly traded tobacco company, said an Australian proposal requiring cigarettes to be sold in plain packages violates a treaty with Hong Kong and may cause billions of dollars in damages.

Cuba’s famed cigar industry recovering from crisis

HAVANA - Production of Cuban cigars and tobacco leaf are on the rise after falling on hard times in the country famed for its “puros” cuba-cigarsdue to smoking bans and the international financial crisis, according to local reports.

Rolling back state smoking ban would be a first in U.S.

SPRINGFIELD — The Illinois House’s vote last week to exempt casinos from the 2008 Smoke Free Illinois Act could lead to a first in the nation’s history – the first time a state has weakened a statewide smoking ban.

Menthol’s friends in high places

TOBACCO GIANT Lorillard crows as the FDA cowers. Last week, an advisory panel of the Food and Drug Administration found that handsremoval of menthol cigarettes would benefit public health. But the panel stopped short of recommending a ban, prompting stocks of Lorillard, the king of menthol cigarettes, to shoot up from roughly $79 a share to roughly $90.

Zippo company creates clothing line

BRADFORD, Pa. — Zippo lighters have retained their retro cool even as the tiny northwestern Pennsylvania company that makes themzippo clothing line gets ready to celebrate its 80th anniversary and 500 millionth lighter next year.

Strategies To Exploit Uncertainty in Tobacco

After taking control of tobacco regulation in 2009, the U.S. Food and Drug Administration (FDA) is investigating the use of menthol in cigarettes. Its tobacco panel, the Tobacco Products Scientific Advisory Committee (TPSAC) is due to report its findings by March 23, 2011, and the FDA will issue a binding ruling after that. We envision three ultimate outcomes: menthol is banned (6% probability); no action is taken against menthol (16% probability); no ban, but tighter regulation (78% probability).

The coming war on menthol cigarettes

Last year, not long after the Food and Drug Administration got legislative authority to regulate tobacco, “flavored” cigarettes were banned — on behalf of the children.