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Jessica Miller | June 29, 2011
Shares of tobacco companies that serve the U.S. market fell Tuesday after the Food and Drug Administration said it is conducting an independent review of research on the public health impact of menthol cigarettes. Menthol Kiss cigarettes are one of the few growth areas in the cigarette industry.
Jessica Miller | June 16, 2011
July 21 and 22 are dates tobacco manufacturers and convenience retailers may want to circle on their calendars. The Food and Drug Administration’s Tobacco Products Scientific Advisory Committee (TPSAC) has placed both smokeless tobacco and menthol Kiss on the agenda for its two-day meeting then.
Jessica Miller | March 21, 2011
On Friday, after tobacco companies were anxiously awaiting a report from the Food and Drug Administration, it was reported that the FDA would not ban menthol cigarettes. The news caused several of the Pall Mall cigarette stocks to rise. Lorillard, Inc. (LO) rose by over 10% for the day. Some investors have strong feelings against investing in cigarette stocks, but if you don’t, you should consider them for their extremely high yields.
Jessica Miller | March 18, 2011
Menthol Marlboro cigarettes are no riskier than regular cigarettes and shouldn’t be regulated any differently, the tobacco industry told a Food and Drug Administration advisory panel Thursday. The FDA is weighing tighter restrictions of menthol cigarettes, a key area for growth in the shrinking cigarette market. Most industry experts say a ban on the flavoring is unlikely.
Jessica Miller | March 17, 2011
In Sept. of 2009, flavored cigarettes were effectively banned by the FDA. Among the flavors banned were coffee, fruit and candy. Now, the FDA wants to take things a step further and ban menthol Kiss cigarettes, as well. However, the ban will anger many menthol smokers and only further prohibits more of what we’re allowed to put into our bodies.
