-
Pennsylvania's Farm-To-Table Cannabis Bill, Big Tobacco VS. Illicit Market And More
Thursday, September 21, 2023 - 1:16pm | 846Mississippi Announces Major Cannabis Rule Revisions Mississippi's Department of Health has unveiled extensive revisions to cannabis industry regulations, seeking public input until Oct. 2. The changes primarily focus on precise definitions of industry terms, including distinctions between...
-
EXCLUSIVE: Key Insights And 4 Predictions On Cannabis Sector Equity Research For 2024
Tuesday, July 25, 2023 - 2:22pm | 761In an exclusive preview from Zuanic & Associates' recent cannabis equity research report, Benzinga reveals four key predictions for the next 18 months. The SAFE Banking bill is expected to pass in the fall of 2024. Key Senate players will aim for a "midpoint" compromise on add-...
-
Tobacco Vs. Cannabis: Why Doesn't The U.S. Government Want Our Money?
Thursday, June 29, 2023 - 11:21pm | 882Legalizing cannabis presents an opportunity for the federal government to tap into a valuable source of revenue. Instead of relying solely on sales taxes, the integration of the cannabis industry into the legal space can generate substantial personal and corporate income taxes. This potential...
-
High Cigarette Excise Tax in NYC Results in Flourishing Black Market
Monday, May 6, 2013 - 10:43am | 611When it comes to cigarettes, taxation as a means of social engineering only benefits the black market. So said National Association of Convenience Stores (NACS) Senior Vice President, Lyle Beckwith in a USA Today Op-Ed. The latest statistics seem to bear this out. The Huffington Post, in a...
-
Bank Of America Maintains Buy Rating On Altria
Wednesday, June 1, 2011 - 7:45am | 110According to Bank of America, Altria (NYSE: MO) Buy rating is maintained. Bank of America said that it spent some time with Altria's senior management and investors last week and found management to be confident in its premium brand strategy, consistent in its focus on cigarette profitability and...
-
Altria Group (MO) Raises Dividend 2.9%
Wednesday, February 24, 2010 - 10:13am | 52Altria Group Inc. (NYSE: MO) announced on Wednesday that it would increase its quarterly dividend from 34 cents per share to 35 cents per share. The dividend will be paid on April 9 to shareholders of record as of March 15. Shares of Altria Group closed Tuesday at $19.97.