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High-Potency Pot Market Worth Billions Draws Regulator Scrutiny

High-Potency Pot Market Worth Billions Draws Regulator Scrutiny
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Marlboro maker asks FDA to convince Americans nicotine isn t that bad

Tiffany Kary, Bloomberg News A man lights a Philip Morris Marlboro brand cigarette in Tiskilwa, Illinois, U.S., on Wednesday, July 12, 2017. Philip Morris International Inc. is scheduled to release earnings figures on July 20. Photographer: Daniel Acker/Bloomberg , Bloomberg Marlboro-maker Altria Group Inc. wants to enlist an unlikely partner in convincing Americans that nicotine isn’t as bad as they think—its regulator.The company asked the U.S. Food and Drug Administration to tackle misperceptions about nicotine as part of a proposed US$100 million advertising campaign to reduce the harm caused by tobacco, according to a letter seen by Bloomberg News.

Legislative panel stamps out bill to raise cigarette taxes

Legislative panel stamps out bill to raise cigarette taxes By JAMES MacPHERSONFebruary 9, 2021 GMT BISMARCK, N.D. (AP) A North Dakota legislative panel on Tuesday snuffed out a proposal to raise the state’s cigarette tax from 44 cents to $1 a pack, which would have been the first such hike in almost 30 years. The House Finance and Taxation Committee gave a “do-not-pass” recommendation to the bipartisan bill, which was estimated to generate about $30 million annually. Companion legislation that would use those funds for health-related programs also failed to get the panel’s support. The legislation now goes to the full House for consideration.

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