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JT Group and Altria Group announce a joint venture to commercialize Ploom heated tobacco sticks products in the U S

The Companies sign a strategic long-term global partnership in RRP TOKYO, Oct. 27, 2022 /PRNewswire/ Japan Tobacco (JT) (TSE: 2914)announced today that the JT Group, through its subsidiary JTI, has entered into a joint venture (JV) with Altria Group (Altria), through its subsidiary PM USA, to market and commercialize heated tobacco sticks (HTS) products in the U.S. with Ploom branded devices and Marlboro branded consumables. The two Groups also signed a long-term, non-binding global memorandum of understanding (MOU) to explore commercial opportunities for a wide range of potentially reduced-risk products (RRP). "As part of our strategic focus on HTS, we're very enthusiastic to launch our Ploom brand in the U.S., the world's largest RRP market in value, through our partnership with the market leader, Altria. We also look forward to entering into a long-term strategic collaboration with Altria to further explore global commercial opportunities in the RRP category. I stron

Roll-Your-Own Tobacco Products Market is Projected at US$ 44 6 Billion During the Forecast Period from 2022 to 2032

Virginia to get $16 8 million in $434 9 million Juul settlement agreement

Juul Labs has reached settlements covering more than 5,000 cases nationwide brought by about 10,000 plaintiffs related to its vaping products. The company has agreed to pay a total of

JT Group Q3 Adj Operating Profit Rises; Revises Full Year Guidance Upwards

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - JT Group (JAPAF.PK, JAPAY.PK) said, on a reported basis, third quarter adjusted operating profit increased by 20.7% to 223.0 billion yen, driven by positive

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