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Altria (A3 Neg, BBB Pos, BBB S) First manufacturer to win methanol flavoured vaping approval

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  • "Four menthol-flavored e-cigarettes made by Altria Group's NJOY brand won U.S authorization, becoming the first menthol vaping devices to be cleared by federal regulators." - WSJ. Altria has responded with "Altria is 'Moving Beyond Smoking', taking action to transition millions of adult smokers to potentially less harmful alternatives. We’re pleased the FDA has determined that NJOY menthol e-vapor products are appropriate for the protection of public health".
  • FDA ultimately saw benefits for adults switching from cigarettes as larger vs. methanol flavour appeal to young individuals.
  • BofA analyst were quick to upgrade the stock to $47 from $45 (still on neutral) adding benefits to be more acute when new Fed. task force cracks down on illicit sellers. For credit we still prefer diversified exposure from BAT, Altria 31s trade flat to the former's curve.
  • FDAPressor& Altira Pressor.
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  • "Four menthol-flavored e-cigarettes made by Altria Group's NJOY brand won U.S authorization, becoming the first menthol vaping devices to be cleared by federal regulators." - WSJ. Altria has responded with "Altria is 'Moving Beyond Smoking', taking action to transition millions of adult smokers to potentially less harmful alternatives. We’re pleased the FDA has determined that NJOY menthol e-vapor products are appropriate for the protection of public health".
  • FDA ultimately saw benefits for adults switching from cigarettes as larger vs. methanol flavour appeal to young individuals.
  • BofA analyst were quick to upgrade the stock to $47 from $45 (still on neutral) adding benefits to be more acute when new Fed. task force cracks down on illicit sellers. For credit we still prefer diversified exposure from BAT, Altria 31s trade flat to the former's curve.
  • FDAPressor& Altira Pressor.