British American Tobacco to launch synthetic nicotine pouches in U.S. [Globe and Mail, The (Toronto, Canada)]
British American Tobacco Industries, p.l.c. ADR (BTI)
NASDAQ:AMEX Investor Relations:
bat.com/ir
Company Research
Source: Globe and Mail, The
British American Tobacco (BAT) will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States, David Waterfield, president of the company's U.S. subsidiary Reynolds American, said on Wednesday. Smoking alternatives like vapes from big tobacco companies, including BAT, usually contain naturally occurring nicotine derived from the tobacco plant, whereas synthetic nicotine is made in a lab from chemicals. Waterfield said BAT's new Velo product, Velo Plus, due to launch in 2025 and offering more nicotine strengths, contained synthetic nicotine – one of the first clear examples of synthetic nicotine use by a big tobacco company. “Nicotine derived from tobacco and synthetic nicotine, from a chemical point of view, they are the same,” Waterfield told investors at a capital markets event. He added that BAT would look at other opportunities in synthetic nicotine going forward. Synthetic nicotine began being used more widely in the United States in r
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BTI
Sec Filings
- 11/22/24 - Form 6-K
- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K
- BTI's page on the SEC website