Category: News This Week

  • Imperial Backs UK’s Push to Fight Organized Crime

    Imperial Backs UK’s Push to Fight Organized Crime

    Imperial Brands backs new Government crackdown on illicit trade to protect honest retailers

    Imperial Brands has welcomed the UK Government’s new £30m High Street organised crime unit[1], designed to tackle illicit trade and support law-abiding retailers across the UK.

    The move follows growing concern around the scale of criminal activity operating through some high street outlets, with illegal products undercutting legitimate businesses and distorting fair competition amongst retailers.

    Under the plans, offending premises will face increased enforcement action, including raids, closures and asset seizures, with additional funding provided to Trading Standards teams.

    Imperial Brands believes this step will help level the playing field for responsible retailers who operate within the law and serve their local communities.

    James Hall, Anti-Illicit Trade Manager, Imperial Brands, said:

    “Honest retailers are being undermined every day by illegal operators selling illicit and unregulated products.

    “Stronger enforcement is essential to protect those doing the right thing and to restore a fair playing field across the high street.

    “We welcome this action and will continue working with retailers and authorities to help tackle illicit trade.”

    He continued: “As a business committed to the highest possible standards in manufacture and retail practice, we have always stood with ethical retailers who do the right thing when it comes to sourcing and selling tobacco and nicotine products.”

    Illicit tobacco and nicotine products are increasingly being sold through a range of outlets, including some convenience stores, vape shops and other high street premises.

    This impacts not only customers, suppliers and government revenues but also the viability of legitimate local retailers, many of whom are already operating in a challenging economic environment.

    Imperial Brands continues to work closely with Trading Standards, law enforcement agencies and retailers to raise awareness, support compliance and help identify illegal activity.

    The company says sustained enforcement, combined with retailer education and collaboration, will be key to tackling the issue long term and protecting responsible businesses. As illicit trade becomes increasingly organised and sophisticated, robust enforcement and meaningful penalties are essential to protect legitimate retailers and local communities.

    Imperial Brands has long called for stronger enforcement action, tougher penalties, and greater support for Trading Standards to help tackle illicit trade and protect responsible retailers.

    Imperial Brands strongly encourage retailers to report any potential illicit trade activity in their area to our sales teams, who can then report it on our dedicated trade platform. Alternatively, retailers can contact us directly through email suspectit.reportit@uk.imptob.com or our anti-illicit trade hotline on 0800 049 5992. 


    [1] https://www.bbc.co.uk/news/articles/ce3pzwx449no

  • Survey Finds Widespread Confusion Over Nicotine Risks

    Survey Finds Widespread Confusion Over Nicotine Risks

    A survey of 1,973 U.S. adults commissioned by Haypp Group, parent of Nicokick.com and Northerner, found most respondents do not distinguish between the health risks of cigarettes and non-combustible nicotine products. According to the Nicotine Product Harm Perception Report 2026, 73% said vaping is as harmful as, or more harmful than, smoking; 60.6% said the same of nicotine pouches, and 64.9% incorrectly believed nicotine causes cancer.

    While 68.9% of respondents said they feel informed about nicotine risks, many answers conflicted with established evidence that combustion, not nicotine, is the primary cause of smoking-related disease. The survey also found that younger adults perceive smoking as more culturally visible, with 36.3% of those aged 25–34 saying smoking is “back in fashion,” even as U.S. smoking rates have fallen to about 9.9% in 2024.

  • Hong Kong Moves to Ban Smoking at Construction Sites

    Hong Kong Moves to Ban Smoking at Construction Sites

    The Hong Kong SAR government introduced three legislative amendments to prohibit smoking at all construction sites following the fatal Wang Fuk Court fire in November 2025 that killed 168 people. The proposed changes would designate construction sites as no-smoking areas under the Smoking (Public Health) Ordinance, empower Labor Department safety officers to issue HK$3,000 ($390) fixed penalties to offenders, and require contractors and subcontractors to take “all reasonable steps” to prevent smoking or the use of naked flames on site. Violations by contractors could carry fines of up to HK$400,000 ($52,000).

     The measures, now before the Legislative Council for vetting, aim to reduce fire risks and improve worker and public safety, and would apply to all construction and maintenance sites except private residential quarters.

  • Researchers: Flavored-Vape Debate Needs to Follow Science, Not Politics

    Researchers: Flavored-Vape Debate Needs to Follow Science, Not Politics

    The resignation of FDA Commissioner Marty Makary on May 12 over reported tensions with President Donald Trump regarding the agency’s approval of two fruit-flavored nicotine vapes brought the flavored-vape battle front and center in American politics. The decision marked a shift from the FDA’s previous authorization of only tobacco and menthol flavors and reignited debate over flavored vaping products.

    Three public health researchers warned the debate over fruit-flavored nicotine vapes should be guided by evidence, not politics. Dr. Jamie Hartmann-Boyce from the University of Massachusetts Amherst, Dr. Holly Jarman from the University of Michigan School of Public Health, and Dr. Claire L. Ma from the University of Michigan, who study scientific evidencehealth policy, and regulation, respectively, acknowledged both sides of the debate, where studies show that sweet and fruity flavors can attract youth and non-smokers, but also that vaping is significantly less harmful than smoking and may help adult smokers quit. The authors urged lawmakers and regulators to follow scientific findings when shaping vape policy, as researchers continue to discover the benefits and risks of vape use.

  • Cabbacis Talking Future at Sidoti Micro-Cap

    Cabbacis Talking Future at Sidoti Micro-Cap

    Cabbacis announced that its CEO, Joseph Pandolfino, will present at the upcoming Sidoti Micro-Cap Virtual Conference, where he is scheduled to host virtual one-on-one meetings with institutional investors and deliver a live 30-minute webcast presentation on May 21 beginning at 10 a.m. ET. The appearance highlights investor interest in Cabbacis’ patented iBLEND risk-reduction tobacco products as the company advances development under its federally licensed manufacturing platform.

  • Foreign Investors Increase Stakes as KT&G Posts Record Sales

    Foreign Investors Increase Stakes as KT&G Posts Record Sales

    KT&G is attracting renewed global investor interest after reporting record first-quarter overseas tobacco sales and continued strength in shareholder returns, according to The Korea Times. Earlier this month, Capital Group acquired a 5.61% stake in the company through its subsidiary, following a similar move in January by BlackRock, which built a position of more than 5%. Foreign investors have posted net purchases of KT&G shares for 22 consecutive trading days since April 9, lifting foreign ownership by nearly one percentage point, as investors increasingly view the stock as a value play supported by solid fundamentals and dividend policy rather than Korea’s semiconductor-heavy market trends.

    KT&G’s share price climbed from the ₩140,000 ($92.40) range in January to around ₩180,000 ($118.80), supported by first-quarter sales of ₩1.7 trillion ($1.1 billion) and operating profit of ₩365 billion ($241 million), up 14.3% and 27.6% year-on-year, respectively. Overseas tobacco sales reached a record ₩560 billion ($370 million), with operating profit from global operations rising 56.1%. Having already met its ₩3.7 trillion ($2.4 billion) shareholder return target for 2024–2027, KT&G plans to announce a new return policy later this year and has pledged to cancel all treasury shares following revisions to Korea’s Commercial Act, moves that analysts say are reinforcing its appeal among long-term institutional investors.

  • BAT Launching Digital and Technology Hub in India

    BAT Launching Digital and Technology Hub in India

    British American Tobacco announced plans to open a new information, digital, and technology (IDT) hub in Fraser Town, Bengaluru, India, as part of efforts to strengthen its global technology footprint and accelerate its transformation into a more agile, data-driven business. The hub will house BAT’s newly created Future Capabilities Centre (FCC), designed to consolidate key digital, data, cybersecurity, artificial intelligence, and platform capabilities in one location to drive innovation and operational efficiency across the group.

    The FCC will create a range of highly skilled roles and tap into Bengaluru’s technology ecosystem to support BAT’s global operations through advanced digital solutions and strategic partnerships. According to Javed Iqbal, BAT’s Interim Chief Financial Officer and Director for Digital and Information, the center will play a critical role in scaling innovation and embedding technology at the core of the company’s operations as it adapts to a rapidly evolving business environment.

  • Philippines Flagged ‘Elevated Risk’ for Illicit Cigarettes as Price Gaps Grow

    Philippines Flagged ‘Elevated Risk’ for Illicit Cigarettes as Price Gaps Grow

    The Philippines has been identified as an “elevated risk” market for illicit cigarettes, with illegal products accounting for 25.3% of total sales last year and projected to rise to 28.9% by 2028, according to a Euromonitor International study commissioned by the EU-ASEAN Business Council. The report estimates the government lost nearly $980 million in 2024 and about $1.1 billion last year due to the illicit cigarette trade, while illegal e-vapes, which make up 86% of the market, caused an additional P23 billion ($400 million) in losses from 2024 to 2025.

    Researchers cited price-sensitive consumers, porous maritime borders, established regional smuggling routes, annual excise tax hikes of 5%, and enforcement challenges as key drivers, with illicit products increasingly imported from neighboring ASEAN states and China. The study also highlighted the growing role of digital platforms such as Telegram, WhatsApp, and Facebook Marketplace in distributing illegal tobacco, alongside traditional sari-sari stores and street vendors, and warned that paper-based tax stamps are easily counterfeited, recommending a shift toward digital tax verification systems to better protect revenues and track the trade.

  • Maldives Customs Seizes 2.3M Smuggled Cigarettes

    Maldives Customs Seizes 2.3M Smuggled Cigarettes

    Authorities at the Maldives Customs Service intercepted more than 2.3 million smuggled cigarette sticks during an operation at the Malé Commercial Harbor last week, uncovering over 230 cases of illicit tobacco products with an estimated street value exceeding MVR 32 million ($2.1 million). Officials did not disclose further operational details, but the seizure comes amid a noted surge in cigarette smuggling following recent hikes in tobacco import duties. The case also follows earlier incidents involving charges over the theft of a container holding previously confiscated cigarettes, underscoring growing enforcement challenges tied to the expanding black market for tobacco in the Maldives.

  • Bosnia, Industry Cracking Down on €500M Tobacco Black Market

    Bosnia, Industry Cracking Down on €500M Tobacco Black Market

    Authorities and industry representatives in Bosnia and Herzegovina say the illegal tobacco trade is costing the country more than €500 million annually, as cigarettes without excise stamps and cross-border smuggling continue to undermine the legal market and public revenues. Officials from the Indirect Taxation Administration of Bosnia and Herzegovina and the Finance Ministry stressed that coordinated enforcement, stable excise policy, and cooperation with manufacturers such as British American Tobacco and Japan Tobacco International helped reverse a sharp market collapse seen around 2019–2020, when legal cigarette volumes fell from 12 billion to 3.5 billion sticks annually.

    Authorities say improved policy alignment and citizen reporting through the “Stop Smuggling” campaign have since supported revenue recovery, while warning that the shadow market still distorts competition, drains budgets that fund public services, and complicates efforts to align with European regulatory standards.