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Stock impact report

FDA sign-off on menthol e-cigarettes ‘flies in the face of public health,' anti-tobacco groups say [CNN]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
Company Research Source: CNN
The decision drew harsh criticism from pediatricians and anti-tobacco groups, which called it “a blow to public health” and warned of potential for “disastrous consequences” to children. The products, made by NJOY, an Altria company, are disposable e-cigarettes and nonrefillable pods that are used with the company's reusable vaping device. Nicotine levels in the products range from 2.4% to 6%. The company did not respond to CNN's request for comment. Friday's authorizations do “not mean these tobacco products are safe nor are they ‘FDA approved,'” the agency said, but evidence submitted by the company showed that the products could be beneficial to adult smokers to help them make a switch from traditional cigarettes to e-cigarettes. The agency said there was sufficient evidence that the products would be “appropriate for the protection of public health.” “Based upon our rigorous scientific review, in this instance, the strength of evidence of benefits to adult smokers from comp Show less Read more
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