Altria Group backs away from vaping products

|By:, SA News Editor

Altria Group (NYSE:MO) announces that it will discontinue the development and distribution of all MarkTen and Green Smoke e-vapor products and VERVE oral nicotine-containing products, citing their expected financial performance and the current regulatory environment.

It says it will refocus its resources on more compelling reduced-risk tobacco opportunities.

Related tickers: PM, BTI, OTCQX:IMBBF, OTCPK:JAPAY, VGR, TPB

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