cigarette tax 2025 New Report: States Should Increase… Nominal and real excise tax

19 (10.2 million)

What the Unflavored Tobacco List Means Despite its name, the Unflavored Tobacco List doesnt mean products are literally unflavoredrather, it limits all vape and nicotine pouch sales to tobacco-flavored products only

3 However, although tobacco combustion byproducts are considered more harmful than nicotine for nonpregnant adults, nicotine itself is a developmental toxicant when used during pregnancy and is characterized by the FDA as teratogenic to human fetuses

Guidance raised: Full-year 2026 Modern Oral guidance was increased meaningfully, and the company also introduced full-year EBITDA guidance of $70 million to $90 million