FDA OKs first menthol e-cigarettes, drawing criticism from parent groups who say the agency has ‘failed American families' [Fortune]
Altria Group, Inc. (MO)
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Source: Fortune
The FDA said it authorized four menthol e-cigarettes from Njoy, the vaping brand recently acquired by tobacco giant Altria , which also sells Marlboro cigarettes. The decision lends new credibility to vaping companies' longstanding claim that their products can help blunt the toll of smoking , which is blamed for 480,000 U.S. deaths annually due to cancer, lung disease and heart disease. Parent groups and anti-tobacco advocates immediately criticized the decision, which comes after years of pushing regulators to keep menthol and other flavors that can appeal to teens off the market. “This decision could mean we'll never be able to close the Pandora's box of the youth vaping epidemic,” said Meredith Berkman, co-founder of Parents Against Vaping E-cigarettes. “FDA has once again failed American families by allowing a predatory industry to source its next generation of lifetime customers — America's children.” Youth vaping has declined from all-time highs in recent years, with a
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MO
Earnings
- 4/25/24 - In-Line
MO
Sec Filings
- 6/7/24 - Form 11-K
- 6/7/24 - Form 11-K
- 6/5/24 - Form 10-K/A
- MO's page on the SEC website