big tobacco

Philip Morris International (NYSE:PM), one of the largest tobacco companies in the world, has undergone a dramatic transformation over the past few years. As cigarette smoking continues its decades-long decline, PMI has aggressively expanded into smokeless alternatives, with Zyn – its...

This article was originally published on Cannabis.net and appears here with permission. As the legal marijuana industry grows and gains wider acceptance, a new conflict looms on the horizon. Big Tobacco, well-known for its influence in the tobacco industry, is now focusing on the flourishing...

At a recent gathering in Boston that was focused on creating an equitable cannabis industry, Senator Elizabeth Warren (D-MA) got specific on how to do that. “We know that legalization alone is not enough,” Sen. Warren said in a prerecorded video for the Saturday meeting...

The coming days will see four tobacco majors reporting their quarterly numbers amid an industry that is witnessing a consolidation. Altria Group Inc (NYSE: MO) will report its earnings on February 1. Wall Street expects EPS of $0.67 on revenue of $4.8 billion. The company’s earnings have...