Tobacco Industry News

BAT Interested in Entering Cannabis Business

Global tobacco company launched its first CBD vapor product in the U.K. LONDON —British American Tobacco (BAT) plc is looking to get in the cannabis business—and has already started a pilot cannabidiol (CBD) vaping product in the U.K. The company’s chief marketing officer, Kingsley Wheaton, told CNBC’s “Squawk Box Europe” in February that CBD is one...

Biden Should Choose Science over Politics and Embrace Tobacco Harm Reduction

Will the new Biden administration choose science over politics? The commandment to “believe science” has become a rallying cry, one echoed by Joe Biden during his presidential campaign when he promised to “choose science over fiction.” If that is true, his new administration should embrace tobacco harm -reduction, a public health strategy that, instead...

India: Farmers’ body asks PM Modi to withdraw bill on cigarette, tobacco

Farmers' body asked PM Modi to recall the proposed bill to amend the law regarding cigarettes and other tobacco products. Farmers' body FAIFA on Wednesday asked Prime Minister Narendra Modi to recall the proposed bill to amend the law regarding cigarettes and other tobacco products saying it will be a death knell for Indian tobacco...

OPINION | SA is bleeding revenue on the black market – and it’s avoidable

As Finance Minister Tito Mboweni prepares to deliver his annual Budget this month, how he must bemoan the fiscal crater carved out by South Africa’s illegal economy.  This shadowy world of illicit flows, black market trade and other nefarious tax dodging was estimated – at this time last year – to cost the fiscus R100...

Japan Tobacco warns of profit decline, to slash jobs and focus on heat sticks

TOKYO (Reuters) - Japan Tobacco Inc (JT) said on Tuesday it planned to cut around 1,000 jobs and focus its efforts on winning market share in heated tobacco devices, as it forecast an unexpected slump in profit this year. The company said it expects 2021 operating profit to fall 23% to 363 billion yen ($3.46...

South Africa: Vaping companies call for own regulations

Cape Town - Vaping companies are calling for separate legislation to the Control of the Tobacco Products and Electronic Nicotine Delivery Systems Bill. As the industry await its first new laws since 2018, vaping companies said that they don't encourage non-smokers to vape and that the product should be used as a reduced alternative to...

BAT Korea Focuses on Promoting Its Heated Tobacco Product on Its 30th Anniversary

Speaking at a press event held in central Seoul for the firm’s 30th anniversary, BAT Korea’s country manager Kim Eun-ji, focused on promoting their heated tobacco product: Glo. The slogan of the BAT Group, ‘A better tomorrow,’ represents [the company’s ambition] to create a better future by reducing the harm our business imposes [on people’s...

What does the proposed tobacco bill mean for vaping in SA?

This opinion piece is part of VPASA's (Vapour Products Association of South Africa) We Are Not Tobacco (WANT) campaign, which seeks to differentiate electronic nicotine delivery systems (ENDS) from combustible tobacco products. With South Africa moving towards the promulgation of the Control of Tobacco and Electronic Nicotine Delivery Systems Bill (2018), health organisations and tobacco-control...

South Africa is possibly the world’s largest black market for cigarettes

Forcing smokers to buy illegally during the tobacco ban has normalised the act of selling and buying illicit brands for both retailers and consumers, costing the fiscus some R8 billion a year, a new report states. An investigation by corruption-busting group Tax Justice SA (TJSA) has found that two of every three cigarettes sold in...

USA: Biden Has a Duty to Nicotine Users

The coming presidency of Joe Biden is a new chapter in American history, hopefully closing a divisive chapter of hate among fellow citizens and a lack of basic human decency in the Oval Office. That means new regulations, new executive orders, and President-elect Biden’s highly anticipated legislative priorities for domestic policy. Since the world...