NJOY

Altria Group, Inc. Announces Retirement of Director Jacinto J. Hernandez From Board of Directors

Retrieved on: 
Monday, February 26, 2024

Jacinto J. Hernandez, a director of Altria Group, Inc. (“Altria”), retired from service on our Board of Directors effective February 23, 2024.

Key Points: 
  • Jacinto J. Hernandez, a director of Altria Group, Inc. (“Altria”), retired from service on our Board of Directors effective February 23, 2024.
  • Mr. Hernandez will continue to serve Altria as a strategic advisor under a 5-year advisory services agreement.
  • "We thank Jacinto for his service on our Board," said Kathryn McQuade, Altria’s independent Board Chair.
  • Trademarks related to Altria referenced in this release are the property of Altria or our subsidiaries or are used with permission.

Altria Presents as Part of the Consumer Analyst Group of New York Conference; Reaffirms 2024 Full-Year Earnings Guidance

Retrieved on: 
Wednesday, February 21, 2024

Altria Group, Inc. (Altria) (NYSE: MO) is participating in the Consumer Analyst Group of New York Conference in Boca Raton, Florida today.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) is participating in the Consumer Analyst Group of New York Conference in Boca Raton, Florida today.
  • A copy of the business presentation, prepared remarks and a replay of the webcast will be available at www.altria.com .
  • We expect 2024 adjusted diluted EPS growth to be weighted to the second half of the year.
  • While the 2024 full-year adjusted diluted EPS guidance accounts for a range of scenarios, the external environment remains dynamic.

Global e-Cigarette Market Report 2024 - Prominent Companies NJOY, Vuse, blu Have Made Significant Strides in the e-Cigarette Sector - ResearchAndMarkets.com

Retrieved on: 
Monday, February 12, 2024

The e-cigarette market is being influenced by several factors, including changing consumer preferences and the needs of various end users.

Key Points: 
  • The e-cigarette market is being influenced by several factors, including changing consumer preferences and the needs of various end users.
  • The global e-cigarette market is segmented into retail and online in terms of the channel type.
  • Prominent companies like NJOY, Vuse, blu and numerous others have made significant strides in this sector.
  • Notably, over 70 to 80% of the companies in the e-cigarette market are well-established, rather than startups, reflecting the maturity and stability of the market.

E-Cigarette Global Market Forecast Report 2024-2028, with Company Profiles of Altria Group, British American Tobacco, Feelm, Geek Bar, Imperial Brands, Juul Labs, Puff Bar, Vaporesso & Veev

Retrieved on: 
Friday, February 9, 2024

DUBLIN, Feb. 9, 2024 /PRNewswire/ -- The "Global e-cigarette Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 9, 2024 /PRNewswire/ -- The "Global e-cigarette Market" report has been added to ResearchAndMarkets.com's offering.
  • The e-cigarette market is being influenced by several factors, including changing consumer preferences and the needs of various end users.
  • The global e-cigarette market is segmented into retail and online in terms of the channel type.
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2025 and 2027.

Murray R. Garnick, Executive Vice President & General Counsel, Announces Decision to Retire

Retrieved on: 
Thursday, February 1, 2024

(NYSE: MO) Murray R. Garnick, Executive Vice President & General Counsel of Altria Group, Inc. (Altria), has notified the company of his decision to retire effective April 1, 2024.

Key Points: 
  • (NYSE: MO) Murray R. Garnick, Executive Vice President & General Counsel of Altria Group, Inc. (Altria), has notified the company of his decision to retire effective April 1, 2024.
  • “In addition to Murray’s significant individual contributions, his passion for developing world-class legal and regulatory talent has contributed tremendously to Altria’s success.
  • I am grateful for his many contributions, and I wish him the best in retirement.”
    Robert (Bob) A. McCarter will become Altria’s Executive Vice President & General Counsel effective April 1, 2024.
  • Currently Bob serves as Senior Vice President & Associate General Counsel, ALCS, where he supervises the management of tobacco, health and other litigation.

Altria Group, Inc. Announces Retirement of Director Nabil Y. Sakkab From Board of Directors

Retrieved on: 
Wednesday, October 25, 2023

Nabil Y. Sakkab, a director of Altria Group, Inc. (“Altria”) since 2008, will retire from service on our Board of Directors following the completion of his current term.

Key Points: 
  • Nabil Y. Sakkab, a director of Altria Group, Inc. (“Altria”) since 2008, will retire from service on our Board of Directors following the completion of his current term.
  • Consequently, Mr. Sakkab will not stand for re-election to the Board of Directors at Altria’s 2024 Annual Meeting of Shareholders, which Altria anticipates holding on May 16, 2024.
  • "Nabil's contributions have significantly benefited Altria over the past 15 years," said Kathryn McQuade, Altria’s independent Chair of the Board.
  • "We thank him for his long and distinguished service and wish him the very best upon his retirement."

NJOY Brings Sweeping Litigation Against Illicit Disposable Vapor Manufacturers

Retrieved on: 
Thursday, October 19, 2023

Altria Group, Inc. (Altria) announces today its operating company NJOY, LLC (NJOY) has filed sweeping litigation against 34 foreign and domestic manufacturers, distributors and online retailers of illicit disposable e-vapor products that are unlawfully marketed and sold in the State of California and elsewhere.

Key Points: 
  • Altria Group, Inc. (Altria) announces today its operating company NJOY, LLC (NJOY) has filed sweeping litigation against 34 foreign and domestic manufacturers, distributors and online retailers of illicit disposable e-vapor products that are unlawfully marketed and sold in the State of California and elsewhere.
  • The suit seeks a nation-wide injunction against the import, marketing and sale of these illicit products and significant compensatory and punitive damages.
  • “Today there are two markets – one for those who play by the rules and one for those who flagrantly ignore them.
  • NJOY may add additional manufacturers, distributors and retailers to this complaint and will consider further litigation activity.

Kaival Brands Commends Recent FDA Regulation Efforts

Retrieved on: 
Wednesday, August 30, 2023

GRANT-VALKARIA, Fla., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for adults 21 and over, today provided an update on the efforts by the U.S. Food and Drug Administration (“FDA”) to address youth-access prevention, illegitimate, illicit products in the marketplace, and an update on recent announcements by the FDA regarding completion of certain Premarket Tobacco Product Applications (“PMTAs”) by December 2023.

Key Points: 
  • GRANT-VALKARIA, Fla., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for adults 21 and over, today provided an update on the efforts by the U.S. Food and Drug Administration (“FDA”) to address youth-access prevention, illegitimate, illicit products in the marketplace, and an update on recent announcements by the FDA regarding completion of certain Premarket Tobacco Product Applications (“PMTAs”) by December 2023.
  • Eric Mosser, Chief Executive Officer of Kaival Brands, stated, “We commend the recent enforcement efforts of the FDA to address the problem of illicit and illegal vaping products in the market right now.
  • The FDA anticipates action on:
    52% of covered PMTAs by March 31;
    53% of covered PMTAs by June 30;
    55% of covered PMTAs by Sept. 30;
    100% of covered PMTAs by Dec. 31.
  • Both the Company and Bidi Vapor have remained steadfastly committed to compliance and youth-access prevention.

Altria Seeks Importation Ban of JUUL E-Vapor Products; Files Patent Infringement Actions Against JUUL Labs

Retrieved on: 
Tuesday, August 22, 2023

Altria Group, Inc. (NYSE: MO) today announces that its subsidiary, NJOY, has filed a complaint against JUUL Labs, Inc. (JUUL) with the U.S. International Trade Commission (ITC).

Key Points: 
  • Altria Group, Inc. (NYSE: MO) today announces that its subsidiary, NJOY, has filed a complaint against JUUL Labs, Inc. (JUUL) with the U.S. International Trade Commission (ITC).
  • The complaint seeks a ban on the importation and sale of certain JUUL e-vapor products, including its currently marketed JUUL device and JUULpods.
  • “Protecting our intellectual property is critical to achieving our Vision,” said Murray Garnick, Executive Vice President and General Counsel.
  • NJOY acquired the Asserted Patents from Fuma International, LLC (Fuma) concurrently with the settlement of a patent infringement lawsuit filed against us by Fuma.

Homz, the First National Housing Company Dedicated to Standardizing Attainable Rental Housing Communities in the U.S., Raises $50 Million in Pre-Seed Funding

Retrieved on: 
Wednesday, March 1, 2023

Homz , the first national housing company in the U.S. developing wellness-centric multifamily housing, today announced it raised $50 million in pre-seed funding.

Key Points: 
  • Homz , the first national housing company in the U.S. developing wellness-centric multifamily housing, today announced it raised $50 million in pre-seed funding.
  • Homz seeks to address the shortage of attainable housing units available for rent in the U.S. by creating a portfolio of sustainable, wellness-focused communities that all feature the same design, layout and amenities.
  • Homz, which is seeking to develop 50 communities, targets tier-2 markets that are located within a roughly 20-to-30-minute drive from major high-growth Metropolitan Statistical Areas (MSAs).
  • Homz will hold each investment for approximately 25 years, creating a close alignment of interests with each city.