Next heat-not-burn battle

|By:, SA News Editor

Japan Tobacco (OTCPK:JAPAY) hopes to catch up with Philip Morris' (NYSE:PM) "IQOS" in smokeless tobacco by expanding the number of restaurants and public places that allow its vaping product "Ploom Tech."

Tobacco firms see Japan as the vaping industry's test ground, as e-cigarettes using nicotine-laced liquid are not allowed under the country's pharmaceutical regulations.

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