FDA and DOJ plan to crack down on illegal disposable vape sales, affecting the US nicotine market and British American Tobacco's high dividend yield.
The US nicotine market is facing changing regulations, as the FDA and Department of Justice plan to crack down on stores selling illegal disposable vapes. This disrupts the vaping sector, which has seen growth from new nicotine products like e-vapor devices and nicotine pouches. The move may impact British American Tobacco's (BTI) ultra-high dividend yielding close to 10%, as it navigates the changing landscape.
June 15, 2024
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