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Morgan Stanley shares thoughts on e-cigs

Morgan Stanley shares thoughts on e-cigs

| August 16, 2013

In a report summarizing “key thoughts” on e-cigarettes, financial services provider Morgan Stanley acknowledges it has been surprised by the success of e-cigarettes, given the commercial failures of other innovative products such as Accord and Eclipse and the slower-than-envisioned development of tobacco segments such as snus and dissolvables. E-cigarettes have already achieved volume equivalent to […]

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‘Exclude tobacco from trade pact’

‘Exclude tobacco from trade pact’

| August 14, 2013

The Malaysian Medical Association (MMA) has urged for tobacco to be excluded from the Trans-Pacific Partnership Agreement (TPPA), according to a report in The Star. According to MMA President Datuk N.K.S. Tharmaseelan, the overall objective of the TPPA was to increase and facilitate free trade of goods and services, but it should not apply to […]

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Retailers warned over misbranding RYO

Retailers warned over misbranding RYO

| August 13, 2013

The U.S. Food and Drug Administration has warned retailers against misbranding RYO and MYO tobaccos as pipe tobacco. Pipe tobaccos are taxed at significantly lower rates than are cigarette and rolling tobaccos. In recent warning letters to retailers, the FDA stated that while the products are promoted or labeled as pipe tobacco, “the overall presentation […]

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Quarterly loss for AOI

Quarterly loss for AOI

| August 11, 2013

Alliance One International reported a net loss of $36.9 million for the first quarter that ended June 30. In the comparable 2012 quarter, the company posted a net loss of $30.7 million. Revenues for the quarter improved $26.1 million to $383.9 million versus last year. Total kilos sold, at 76.3 million, was similar to last […]

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Dissolvables struggle

Dissolvables struggle

| August 9, 2013

R.J. Reynolds Tobacco Co.’s Camel Orbs, Sticks and Strips dissolvable products have struggled to gain consumer traction even after spending four years in five test markets, according to a story in The Winston-Salem Journal. Company spokesman Richard Smith said that the Camel dissolvables remain in limited distribution in the current test markets of Charlotte, North […]

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Wisconsin university to study menthol

Wisconsin university to study menthol

| August 9, 2013

The University of Wisconsin-Madison Center for Tobacco Research and Intervention received a $368,000 grant from the National Heart, Lung and Blood Institutes and the Food and Drug Administration to “study the use of menthol cigarettes” and contribute to the FDA’s research to determine whether or how to regulate the flavoring, reports the Wisconsin State Journal. […]

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Goldman Sachs “bullish” on e-cigs

Goldman Sachs “bullish” on e-cigs

| August 9, 2013

Goldman Sachs analysts said Aug. 7 that they remain bullish on category growth prospects for e-cigarettes, which “have the potential to transform the tobacco industry.” However, they noted that not all tobacco companies would benefit equally, as e-cigarette growth could simultaneously accelerate the decline in conventional cigarettes. E-cigarettes currently account for less than 1 percent […]

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“E-cig no more risky than smokeless”

“E-cig no more risky than smokeless”

| August 9, 2013

A study funded by The Consumer Advocates for Smokefree Alternatives suggests that e-cigarettes are no more risky than other smoke-free tobacco and nicotine products. After reviewing more than 9,000 “observations” about the chemistry of e-cigarette vapor and e-liquids, Igor Burstyn of the Drexel University School of Public Health found “no evidence that vaping produces inhalable […]

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Wales might go for independent position on standardized tobacco packs

Wales might go for independent position on standardized tobacco packs

| August 8, 2013

Wales Health Minister Mark Drakeford is looking into whether Wales could go it alone on public health issues such as standardized tobacco packaging and minimum alcohol pricing, according to a story on WalesOnline. Drakeford, a professor, said he had instructed officials to look at the powers Wales had in relation to these two measures after […]

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Lawmakers given taste of own medicine

Lawmakers given taste of own medicine

| August 8, 2013

Older members of the U.S. Congress and those who smoke could be facing much higher health insurance premiums under a new official interpretation of President Barack Obama’s health-care law, according to a story by Robert Pear for The New York Times. The administration said yesterday that the government would continue contributing to the cost of […]

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BAT has drop on nicotine product rivals

BAT has drop on nicotine product rivals

| August 7, 2013

Having recently launched its Vype electronic cigarette in the U.K., BAT Industries is poised to seize the lead in next-generation nicotine products, according to a Proactiveinvestors story quoting U.S. broker Citigroup. Citigroup expects Vype to do well in the existing, unregulated electronic cigarette market, but it is with the next range of products that it […]

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Call for total ban on tobacco in SA

Call for total ban on tobacco in SA

| August 7, 2013

South Africa’s health minister, Aaron Motsoaledi, has said that the government will not let up on its attempt to eliminate smoking in South Africa, according to a story in The Post. Tobacco, he added, made no positive contribution to humanity. All it did was death, he added. Motsoaledi was speaking in Pretoria at the release […]

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Liquid nicotine from Universal subsidiary

Liquid nicotine from Universal subsidiary

| August 7, 2013

Universal Corp. is branching out into liquid nicotine for electronic cigarettes. The company said yesterday that its subsidiary, Virginia Tobacco Co. Inc. had joined Avoca Inc., one of the world’s premier botanical extraction companies, in the formation of AmeriNic Inc. It said the new business would produce high-quality, U.S. pharmacopeia (USP) grade liquid nicotine in […]

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Leaf tobacco shipments expected to be down in fiscal 2014: Universal

Leaf tobacco shipments expected to be down in fiscal 2014: Universal

| August 7, 2013

Universal Corp.’s net income for the first quarter of fiscal year 2014, which ended on June 30, at $58.3 million ($2.05 per diluted share), was up from $23.1 million ($0.81 per diluted share) during the three months to the end of June 2012. Net income included a gain of $81.6 million before tax ($53.1 million […]

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Universal board declares dividends

Universal board declares dividends

| August 7, 2013

Universal Corp.’s board of directors has declared a quarterly dividend of $0.50 per common share payable on Nov. 12 to shareholders of record at the close of business on Oct. 15. In addition, the board has declared a quarterly dividend of $16.875 per share on its Series B 6.75% Convertible Perpetual Preferred Stock (Series B […]

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Platform ticket to take on new meaning

Platform ticket to take on new meaning

| August 7, 2013

DSB, the Danish national rail provider, is to impose a tobacco smoking ban at all train stations from July next year, according to a story by Sigrid Neergaard for The Copenhagen Post. The ban will apply even on uncovered platforms and to DSB staff. There was no mention of how the ban was to be […]

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New cigarette-like nicotine device is made of paper, has no battery

New cigarette-like nicotine device is made of paper, has no battery

| August 6, 2013

Two Toronto doctors are looking for investors to put up about $3 million to take their nicotine inhaler from the prototype phase and put it into the hands of cigarette smokers unable to quit their habit, according to a story by Madhavi Acharya-Tom Yew for the Toronto Star. (The full story is at http://www.thestar.com/business/2013/08/03/toronto_doctors_seek_investors_for_nicotine_inhaler.html.) Arthur Slutsky […]

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Looking to cut duty-free allowances

Looking to cut duty-free allowances

| August 6, 2013

New Zealand’s associate health minister, Tariana Turia, is aiming to cut, perhaps to zero, the number of duty-free cigarettes people may bring into the country, according to a story by Lynley Bilby for The New Zealand Herald. Turia apparently intends to seek cabinet approval for the necessary law change during the next few months. Travelers “avoided” […]

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Dissolvable tobacco products on hold

Dissolvable tobacco products on hold

| August 6, 2013

While R.J. Reynolds Tobacco is to keep offering for sale its dissolvable tobacco products, they are not going to be made available outside of the limited markets to which they are currently confined, according to a story by Richard Craver for the Winston-Salem Journal. After spending more than four and a half years in five […]

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Flue-cured given clean bill of health

Flue-cured given clean bill of health

| August 6, 2013

Japan Tobacco Inc. said today that none of the domestic flue-cured tobacco it had tested in prepurchase tests for radioactive materials had exceeded its standard value (radioactive cesium: 100Bq/kg). The company has been conducting at each stage of its production process a number of tests for radioactive materials in Japanese leaf in order to allay […]

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Smoking licenses scheme reheated

Smoking licenses scheme reheated

| August 5, 2013

Australian smokers should be forced to carry a “smartcard license” with which to buy cigarettes so health authorities can track their behavior and better target quit messages to them, according to a story by Julia Medew for The Age, quoting health and legal academics. In an article published in the Medical Journal of Australia, the […]

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Most smokers trying to quit

Most smokers trying to quit

| August 5, 2013

Gallup researchers have found that only 12 percent of smokers have never tried to quit the habit, according to a blog in the Huffington Post. Forty percent have tried to quit once or twice in their lives, 41 percent have tried to quit three to 10 times, and 4 percent have tried to quit more […]

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Quitting smoking – a matter of taste

Quitting smoking – a matter of taste

| August 5, 2013

A U.S. doctor in Beckley, West Virginia, believes that he has developed a product for helping people quit or cut down on smoking, chewing tobacco, alcohol and food, according to a story by Lisa Shrewsberry for the Beckley Register Herald. Dr. Hassan Amjad, an oncologist and herbalist known for preferring natural remedies, has developed a […]

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BAT praised for supporting farmer empowerment initiatives in Nigeria

BAT praised for supporting farmer empowerment initiatives in Nigeria

| August 5, 2013

Oil palm cultivation in Nigeria’s Cross River State is being boosted by British American Tobacco Nigeria (BATN), which has so far invested more than N10 million in the state’s oil palm revival program, according to a story by Jude Okwe for This Day. The investment figure was revealed by Francis Adie, a director at the […]

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Electronic cigarette company appointed category leader by major UK retailer

Electronic cigarette company appointed category leader by major UK retailer

| August 5, 2013

The electronic cigarette company Gamucci has been appointed category leader by WHSmith as part of the U.K. retailer’s plans to expand its range of electronic cigarettes. The partnership will see a gradual roll-out of Gamucci’s products in 600 high street stores from today. WHSmith will display electronic cigarettes through Gamucci branded fixtures, either as part […]

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