Williamsburg, VA (PRWEB) May 23, 2012
Lorillard’s recent acquisition of an electronic cigarette company has brought the often-thought niche product to the forefront. Now, Lorillard CEO Murray Kessler talks with Ecig Advanced, an electronic cigarette news and review website, in an interview on the purchase of Blu E-Cigs and their plans to market and sell the brand.
U.S. tobacco giant Altria Group Inc. MO -0.19% is moving into uncharted territory: the tobacco-less nicotine product.
The maker of Marlboro will launch a nondissolving, lozenge-shaped nicotine disc called Verve in coming days, the latest foray by Big Tobacco into experimental smokeless products amid falling sales for traditional cigarettes.
Unlike the smokeless products sold by Altria and its chief U.S. tobacco rival, Reynolds American Inc., RAI +0.17% Verve won’t contain tobacco. Instead, the chewable, mint-flavored disc will provide nicotine extracted from tobacco.
This is a crucial distinction. Richmond, Va.-based Altria is betting that approach will permit it to market the product with milder health-warning labels than those affixed to cigarettes and smokeless tobacco.
FDA invites outstanding healthcare professionals, scientists, and engineers to apply to its two-year Fellowship Program, where they will receive regulatory science training and the chance to conduct cutting-edge research on targeted scientific or regulatory issues under the mentorship of an FDA senior scientist.
News Tribune
A number of health groups in the state are promoting an initiative petition campaign that would ask voters to increase tobacco taxes, including a 73-cent hike for a pack of cigarettes, now taxed at 17 cents.
The proposal is designed to channel increased tobacco tax revenue to smoking prevention and cessation programs.
Efforts to curb the health hazards — and consequent medical costs — are commendable.
By JANICE PODSADA, jpodsada@courant.com The Hartford Courant
Tobacco manufacturers that re-label roll-your-own cigarette tobacco as pipe tobacco are cheating federal and state authorities out of an estimated $1.3 billion in lost state and federal tax revenues, according to a report released Wednesday by the Centers for Disease Control and Prevention.
Last month, the Government Accountability Office found that cases of roll-your-own tobacco were being sold in packages labeled as pipe tobacco. The federal excise tax on loose tobacco used for roll-your-own cigarettes is $22 per pound higher than the excise tax on pipe tobacco.
