Tobacco News

Get insights on tobacco with press releases highlighting industry news, trends, and regulations shaping the tobacco market. Explore opportunities in tobacco regulation, alternative nicotine products, and consumer behavior.

Apr 28, 2025 at 8:15 AM

Philip Morris International CEO Jacek Olczak Addresses Emerging Global Divide in Regulatory Approaches to Consumer Innovation

STAMFORD, Conn.--(BUSINESS WIRE)--Jacek Olczak, Chief Executive Officer of Philip Morris International Inc. (NYSE: PM), outlined the need for common-sense regulations in the consumer goods sector while addressing global leaders at Semafor’s annual World Economy Summit in Washington, D.C., on April 25, 2025. Olczak emphasized the sector’s potential for innovation-led growth despite the volatile economic environment. He stressed, however, that without appropriate regulation and policy frameworks...
Apr 24, 2025 at 4:02 PM

POSaBIT Reports Fourth Quarter and Annual 2024 Financial Results

TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today announced its financial results for the three and twelve months ended December 31, 2024. “After a turbulent 2023 for the cannabis industry at large, POSaBIT’s main focus in 2024 was solidifying the health of the company for the present and the future. There were few, if any, winners in our industry ove...
Apr 23, 2025 at 5:00 PM

Turning Point Brands to Host Q1 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review 1st quarter 2025 results. The conference call will be on Wednesday, May 7, 2025 at 9:30 a.m. Eastern. Interested analysts and professional investors can register and participate through one of these call-in numbers: (800) 715-9871 (U.S., toll-free) (646) 307-1963 (International) Event ID: 6640134 Participants should dial in at least 10 minutes in advance and fol...
Apr 23, 2025 at 10:34 AM

Cannabis Edibles Opportunity Analysis Report 2025: Market to More than Quadruple to $54 Billion by 2034, Driven by Shifting Consumer Preferences, Evolving Regulations, and Product Innovations - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Cannabis Edibles Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering. The Cannabis Edibles Market was valued at USD 12.3 billion in 2024, and is projected to reach USD 54 billion by 2034, rising at a CAGR of 15.9%, driven by shifting consumer preferences, evolving regulations, and product innovations. The increasing demand for cannabis-infused food products, both for medicin...
Apr 23, 2025 at 8:30 AM

After Successful First Project, Lightshift Energy to Develop Second Battery Project in Danville, VA

DANVILLE, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading energy storage developer, owner, and operator, announced a second project with Danville Utilities that will bring meaningful cost savings and enhance grid reliability for the City of Danville. Danville II, the 11MW project, has also secured a funding award of $1.5 million from the Virginia Tobacco Region Revitalization Commission’s Energy Ingenuity Fund to advance energy resilience for the region. Following the success of Lightshift’s...
Apr 23, 2025 at 6:59 AM

Philip Morris International Reports First-Quarter 2025 Results and Raises 2025 Full-Year Adjusted Diluted EPS Forecast for Currency Only

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2025 first-quarter results.1 "We achieved exceptionally strong performance in the first quarter, with continued volume growth supporting an excellent top-line performance and very strong margin expansion," said Jacek Olczak, Chief Executive Officer. "Our smoke-free business goes from strength to strength, delivering organic growth of over 20% in net revenues and over 33% in gros...
Apr 22, 2025 at 9:03 AM

Cannabis Postharvest Tech Brand Cannatrol Scaling Up With New Denver Office and Senior Leadership

NORTH SPRINGFIELD, Vt.--(BUSINESS WIRE)--Cannatrol, the innovators behind the cannabis industry’s only all-in-one solution for consistent drying, curing and storage, today announced the hiring of Michael Lucchino as executive vice president of sales and Kameron Simpson as product manager, as well as the opening of Denver offices for the Vermont-based company. The company's new Colorado hub in the Denver Tech Center will serve as a strategic base for the company's western operations and upcoming...
Apr 22, 2025 at 7:00 AM

POSaBIT to Host Fourth Quarter and FY 2024 Earnings Conference Call

TORONTO & SEATTLE--(BUSINESS WIRE)--POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 24, 2025 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2024. POSaBIT is soliciting investor questions prior to the call. Please send your questions to investors@posabit.com. All questions will be aggregated...
Apr 21, 2025 at 6:04 AM

Embark on the "Test the Limits" Journey and Discover the Revolutionary iCOSM CODE 2.0 by VOOPOO

SHENZHEN, China--(BUSINESS WIRE)--VOOPOO is proud to introduce the groundbreaking iCOSM CODE 2.0 technology, a significant innovation that has garnered widespread acclaim within the vaping industry. This cutting-edge technology, featured in the ARGUS Top Fill Cartridge V2, seamlessly integrates Liquid-Seal Shield, Mega-Core, and Golden Cotton, offering a redefined vaping experience. VOOPOO warmly invites vaping enthusiasts to explore these advancements through the Test The Limits. From April 17...
Apr 18, 2025 at 4:10 PM

AMCON Distributing Company Reports Results for the Quarter Ended March 31, 2025

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON” or “the Company”) (NYSE American: DIT), an Omaha, Nebraska based Convenience and Foodservice Distributor, announces fully diluted loss per share of $2.58 on a net loss available to common shareholders of $1.6 million for its second fiscal quarter ended March 31, 2025. “The convenience retailing sector which we serve continues to experience a challenging operating environment with consumer behavior and discretionary spending laggi...
Turn Your News Into Headlines
Submit Your Release

Get Story Ideas Delivered to Your Inbox

Sign Up