The FDA has a significant backlog of applications from the makers of vapes and nicotine pouches seeking authorization to sell their products
We believe that the Korean government could raise cigarette prices to about 7,000 won to 8,000 won per pack from current price of 4,500 won in the next 6-12 months
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At the same time, enforcement under the Excise Act continues to evolve, while reserve-based production and online retailers make these products more accessible than ever
Throughout the late 20th century, the federal government tightened regulations on the placement and content of traditional tobacco advertisements, largely limiting their exposure to children
Do we know what kind of dent this could have