Convinced that its earnings fall short of potential, Zimbabwe has set out to capture more value from its tobacco business.
By growing the crop and moving up the value chain, the country aims to build a $5 billion tobacco industry by 2025.
Will it succeed? Read our special report about the challenges and opportunities associated with Zimbabwe’s Tobacco Value Chain Transformation Plan.
Durbin, No. 2 Senate Democrat and Anti-Tobacco Crusader, to Retire
Durbin famously kept the tobacco and nicotine industry in his crosshairs. In recent years, he turned his attention to e-cigarettes and flavored tobacco products.
China Tackles North Korean Cigarette Bootleggers
Distribution has virtually stopped as Chinese authorities target mail and parcel services in Liaoning and Jilin provinces.
PMI Surpasses Estimates for Fourth Straight Quarter
PMI posted revenue of $9.3 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.97%.
KT&G Opens Kazakhstan Plant
KT&G opened the production hub for its Eurasian market, which is a 52,000㎡ factory that can produce 4.5 billion cigarettes a year.
Greece Considering Flavor Ban
Greece is preparing a bill to ban all flavored alternative tobacco products, sparing only natural tobacco and mint.
POSaBIT Hosting FY24 Webcast
The financial-tech company that works exclusively in the cannabis industry will host a conference call and live webcast April 24 at 4:30 PM ET.
Cannatrol Opens Denver Office
A Vermont-based company that supports commercial cannabis cultivation and post-harvest processes announced the opening of its new Colorado hub.
Marlon Wayans Launches Cigar Brand
The comedian and actor announced the launch of his new Liga Tridente Cigar brand. The Honduran-made cigar is still new to the market, available in 18 stores.
Inventor Submits “Mini Cigarette” Design
An inventor submitted a modified cigarette design that features a compact design that is easy to store and transport.
Dentsu to Operate U.K. Track-and-Trace System
The new system is scheduled to become operational on July 1, 2022.
