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Tobacco Giant Reynolds Launches Flavoured Nicotine Lozenges
https://www.vapingpost.com/2019/04/03/tobacco-giant-reynolds-launches-flavoured-nicotine-lozenges/
If e-cigarettes help smokers quit, treat them as any other prescription medicine
https://thehill.com/opinion/healthcare/436951-if-e-cigarettes-help-smokers-quit-treat-them-as-any-other-prescription
I didn't predict 10 bucks- shh, go away
Seizures or convulsions are known potential side effects of nicotine toxicity and have been reported in the scientific literature in relation to intentional or accidental swallowing of e-liquid. However, a recent uptick in voluntary reports of adverse experiences with tobacco products that mentioned seizures occurring with e-cigarette use (e.g., vaping) signal a potential emerging safety issue.
Some E-cigarette Users Are Having Seizures, Most Reports Involving Youth and Young Adults
https://www.fda.gov/TobaccoProducts/NewsEvents/ucm635133.htm?utm_source=Eloqua&utm_medium=email&utm_term=stratcomms&utm_content=statement&utm_campaign=CTP%20News%26Connect%26SOS%3A%20Seizure%20Announcement%20-%204219
The FDA is seeking more information about seizures following e-cigarette use to identify common risk factors and understand if any e-cigarette product attributes such as nicotine content or formulation may contribute to seizures.
Agreed
Great find... exactly what I'm saying... it's culminating...
8 Ways Juuls Can Cause Lung Cancer
https://www.rd.com/health/conditions/juuls-lung-cancer/
No kidding we need a real result because it's well-known this stock will be easily manipulated until then
There are groups on social media where investors have lots of $ and collude to go in, and out, then buy real estate... or lambos
We need a real deal- it will happen once FDA drops the mic- coming this summer...
This is interesting... any inferences?
Statement from FDA Commissioner Scott Gottlieb, M.D., on actions to advance our comprehensive plan to reduce tobacco-related disease and death, through new efforts to improve the tobacco product application review process, including a newly proposed rule
https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm634652.htm?utm_source=Eloqua&utm_medium=email&utm_term=stratcomms&utm_content=commissionersstatement&utm_campaign=CTPNews%3A%20SE%20Proposed%20Rule%20-%2032819
"Among other things, we also intend to issue regulations outlining what information the agency expects to be included in Premarket Tobacco Product Applications (PMTA) and Modified Risk Tobacco Product (MRTP) applications. We also intend to explore product standards for electronic nicotine delivery systems (ENDS, including e-cigarettes) and other tobacco products, as well as to propose rulemaking requiring manufacturers to establish tobacco product manufacturing practices. Additionally, we plan to finalize guidance on how we intend to review PMTAs for ENDS, and we will continue our efforts to assist industry in complying with federal tobacco laws through online information, meetings, webinars and guidance documents."
"To date, no manufacturer has submitted a complete application with the FDA seeking a PMTA or MRTP authorization for an e-cigarette."
...maybe those 20 phone calls are for a reason... FDA wants (needs) our Apps approved...
A little more patience
It's culminating
Here, let me top it: Motorola made the first cell phone.
Don't forget there is power to this...
https://www.tobaccofreekids.org/assets/content/what_we_do/federal_issues/fda/2018_05_21_Nicotine_Product_Standard_Letter.pdf
Not March 2019- but summer 2019...
For the private investor- it seems like a while. For a government org. to overturn... look- Tobacco industry is as old as our country. It takes time for the science, the alignment of the right leadership, the support of the people/health orgs. (and all the big ones are in), a decline in tobacco lobbyists due to loss of credibility... it's culminating. I can give this til the summer- can you?
I believe this was addressed in the past, essentially:
- "In general, the FDA and other nations have entered into harmonization initiatives to assure product quality while at the same time conserving scarce human and financial resources and improving the efficiency of their operations. When nations can agree on scientific standards for
establishing the safety, effectiveness, and manufacturing quality of pharmaceutical products, or on standards that help ensure that high-quality medical devices are produced, everyone wins."
- "...FDA, which maintains its very strong position as a world leader in
the regulatory promotion and protection of public health."
https://www.fda.gov/downloads/AboutFDA/History/FOrgsHistory/EvolvingPowers/UCM593426.pdf
1. FDA paid for the VLN studies costing many millions over many years
2. FDA has powerful influence over how other countries regulate stuff
3. The only thing other countries have to do is sit and wait and be handed the science that'll make VLN easier to policize... this is key for turning this, on its head: "Tobacco is the only legal product which, used in moderation and exactly as the manufacturer intended, causes harm to the consumer."
Traders have leeway to do what they want the next 3 months (unless other real news materializes)- but it also means Trump gets to influence the ruling in the summer- Trump, who likes to a. get involved with controversial stuff (North Korea peace, Golan Heights/Jerusalem embassy, Border Wall, pulling out of Iran deal) and b. save money... ("The world spent about $422 billion on health care expenses attributable to smoking in 2012..." -maybe half in US?)... tax dollar compensation will come from pot/CBD/e-cigs/hemp. Trump would like to put his name on demolishing the cigarette industry.
So I wonder, slobros, why receiving news in March 2019 that ruling is coming this summer is not news to celebrate?
Stomach the drop- the IP is in play.
Already spelled it out for you, slowbro. But you're not satisfied with a summer ruling announcement after waiting years, are you sport?
If e-cigarettes are a top priority, why hasn’t the FDA issued a new rule?
https://www.washingtonpost.com/opinions/if-e-cigarettes-are-a-top-priority-why-hasnt-the-fda-issued-a-new-rule/2019/03/24/a5efdb58-4cc2-11e9-8cfc-2c5d0999c21e_story.html?noredirect=on&utm_term=.693f08dc0d63
Doctors urge PM to ban e-cigarettes
https://www.thehindu.com/news/cities/mumbai/doctors-urge-pm-to-ban-e-cigarettes/article26627854.ece
We got a mention in New Cannabis Ventures:
Friends,
The strong growth prospects for the cannabis industry have encouraged some companies with operating histories outside of it to begin to embrace it. This week, CVS announced that it will be selling topical CBD products in eight states, a move that was more exciting for CBD product manufactures than for CVS, at least as measured by the stock market reaction. Of course, a massive company like CVS is not likely to see its revenue or earnings impacted significantly, but there are many examples of companies that are transitioning towards cannabis.
Some of the more recent and better known entries that have real operations in the cannabis industry include Scotts Miracle-Gro, which has a large ancillary business, and Village Farms, which owns half of a Canadian LP and is set to begin hemp operations in the U.S. Lesser known but on a similar path are tobacco-focused 22nd Century Group and Pyxus International, and Alberta liquor retailer Alcanna, which has opened five cannabis stores in Alberta and soon one in Ontario.
While many cannabis investors would prefer to invest in a pure-play, it is possible that these transitional plays can work out very well. Village Farms, for example, has increased 1060% since announcing its JV in June 2017 despite minimal cannabis revenue to date. At the same time, despite its heavy M&A activity that now leaves it reasonably leveraged to cannabis, Scotts Miracle-Gro hasn't performed well. Alcanna has dropped 55% since Aurora Cannabis invested over C$100 million into it in February 2018.
Not a week goes by, it seems, that some company that hasn't ever accomplished much of anything is suddenly a cannabis company, and we suggest that our readers approach these situations with skepticism. Truth be told, though, 22nd Century Group, Alcanna, Pyxus and Village Farms didn't exactly offer stellar operating performance or track records of substantial shareholder value creation, yet we believe that investors should at least explore these types of situations.
When evaluating a company entering the industry from the outside, there are a few key questions to address:
Does it make sense?
Is management qualified or capable?
Does it have access to necessary capital?
Can the cannabis operations move the needle?
Can the valuation be justified?
Alcanna, who isn't a client of New Cannabis Ventures, looks like it merits attention as we think it answers the questions above well. Additionally, the market seems to be largely unaware of the story. In a nutshell, the company is in the midst of a turnaround in its core alcohol retail business and posted 7% same-store sales growth in Q4, its best performance in years and despite a soft economy in Alberta. The company is at a breakeven with respect to operational cash flow and has access to capital to fund CapEx for its core business and its cannabis operations. The stock trades at just 1.6X tangible book value, with a market cap of about C$194 million. It seems like CEO Jamie Burns had it right on their recent conference call when he suggested that the cannabis operations are essentially free. For comparison, we note that retailers Westleaf and Fire and Flower sport market caps of C$352 million and C$234 million, respectively.
We expect to see more companies enter the cannabis industry from a position of already being operational outside of it, and some of these new entrants may create value. It's important, in our view, for investors to get a handle on their non-cannabis business, as for many of these companies, cannabis could be the tail trying to wag the dog. Finally, investors should be very careful not to put cannabis valuations on non-cannabis operations.
If a tweet alone was expected, BAT wouldn't speak so directly about the FDA's legal rights with regard to nicotine regulation.
March- we received news that the proposal is coming in the summer.
Summer- we get the proposal.
Between this time, PMTA and MRTP of XXII is approved... that'll defeat the "feasibility" argument... ...you remember the webinar from the FDA with regard to XXII's research cigs? Oh it's feasible- and the FDA will prove it once both apps are approved. The approval will mean the acknowledgement of the science...
Hold your stomach in til this summer for the cig piece... if Henry can actually strike a deal with hemp, or something, prior to the proposal, well that would be candy.
Here's a change in tone: Herzog said that “while we aren’t legal experts, we have difficulty imagining that Gottlieb’s threats ring completely hollow, especially given the dramatic efforts by Altria and Juul to comply.”
Maybe they know a buyout is coming/possible in 3-6 months and want to double dip their hands, when it's so easy? What are the totals each director is extracting really- how does that compare to other companies? And is the 5% dilution really that meaningful in the grand scheme of things? How often do companies do that?
I don't know- I'm asking.
Oh what irony, BAT
BAT challenges proposed FDA heightened tobacco regulations
https://www.journalnow.com/business/bat-challenges-proposed-fda-heightened-tobacco-regulations/article_1ce40994-94ef-50b8-a3d6-000cef2f4d16.html
BAT said it “believes the FDA does not have the (congressional) authority to ban a category of product (in traditional markets) ... or reduce nicotine (levels) in tobacco products to zero.”
Barrons.com - E-Cigarettes Don’t Help People Quit Smoking. Here’s What Does.
https://www.barrons.com/articles/want-to-quit-smoking-dont-rely-on-e-cigarettes-to-help-you-51553086801?mod=RTA
Read article for associated healthcare costs... what esad was referring to in days past...
Tweet from 3/17: Gottlieb
The U.S. is facing a new epidemic sparked by the surging popularity of e-cig use by kids. Halting this public health crisis requires forceful steps from FDA. I’ll detail what we advanced last week – and why. And what additional steps we may take.
Trump praised the hell out of the Commish... he's not in the dark with what they're doing... it'll get done.
...rule to cut nicotine in cigarettes to nonaddictive levels will likely be ready for review by the Trump administration this summer.
I suggested March will count for something, a couple months back
Not based on anything other than neurological connections
So far, FDA Commish quit LOL - so I'm not too far off... let's see what else happens the next 2 weeks
happyjohn is just being a happy gentleman
The costly failure to cut smoking in the Arab world
https://thearabweekly.com/costly-failure-cut-smoking-arab-world
It sounds reductive but if XXII has a boatload of patents, and their partner Anandia was bought out by Aurora for a decent penny... there is definitely value to their patents and position in the US with exclusive licensing... the hope here is their tech can be used by a big player (medicinal/biotech)... I acknowledge it's a hope but that's the nature of investments in life, unless you know of a sure thing out there
FDA is a waiting game... it's clear to this investor... it's also clear that all the right players in all the right orgs. and all the big orgs. that are anti-smoking are also calling for the mandate...
Yes I read what you quoted too; and, I'd like to push the author of the article to cite a source where Altria "would oppose any effort"... so far, they've been giving 'politically correct' responses as far as I have read... and of course, their son PM believes in a smoke-free future?
Well it's called a multi-yr policy... but the good news is it started July 2017... here's to hoping the next couple weeks will be telling
I can't imagine management sitting on sidelines much longer with IP in any area... unless their confidence is really that high
Read this already... just another ex. of nonnews... we already know the new Commish will continue the current policy... from his mouth and Azar’s
I don't think it'll affect strategy
PM will not stop tomorrow, all cigs, everywhere
They even said... someone else will fill the void
NE is a special case, it appears... the point is to show where we're heading... VLN will be the rule, not the exception
Tobacco giant Philip Morris will stop selling cigarettes in NZ
https://www.dailymail.co.uk/news/article-6806155/Tobacco-giant-Philip-Morris-stop-selling-cigarettes-NZ-favour-Nicotine-technologies.html
AHA Forecasts Endgame for Tobacco and Nicotine Use
First bullet point...
Nicotine should be reduced in traditional cigarettes and all combustible tobacco products, and all tobacco products should include a nicotine concentration label.
Yes, agreed.
But - something has to happen. The new FDA Commish is awesome news for us. The plan is still there... BT clearly investing in alternatives, declaring "smoke free" futures... believe me, everyone knows it... let's get our apps approved and then see it happen.
Statement from FDA Commissioner Scott Gottlieb, M.D., on advancing new policies aimed at preventing youth access to, and appeal of, flavored tobacco products, including e-cigarettes and cigars
https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm633291.htm
Keep it coming...
The Schilthorn is the most beautiful place I ever visited...
Die another day, XXII