TAAT Global Alternatives Inc. (TOBAF)

[happyglass]

Here is an article on more challenges being faced by the tobacco industry. It seems TAAT arrived at the right place at the right time. Seeking Alpha does not seem aware of TAAT either. I need more shares before they find out.

Tobacco stocks fall on widely-anticipated move by Biden Administration to cut nicotine levels in cigarettes

Apr. 19, 2021 3:32 PM ETAltria Group, Inc. (MO)By: Clark Schultz, SA News Editor823 Comments
Tobacco stocks are lower after the Biden administration is said to be considering requiring tobacco companies to lower the nicotine levels of all cigarettes sold in the U.S. to a level at which they are no longer classified as addictive.
The nicotine-reduction policy being considered would lower the chemical in cigarettes to nonaddictive or minimally addictive levels in a bid to push smokers to either quit or switch to lower-nicotine alternatives such as nicotine gums, lozenges or e-cigarettes. In addition, a menthol ban under consideration would target smoking in younger people, many of whom start with menthols, according to The Wall Street Journal.
The changes were largely anticipated to be announced at some point during the Biden Administration. A long stretch of legal challenges to any dramatic regulations is also expected.
Sector watch: Altria (MO -6.6%) and Philip Morris International (PM -1.3%) are lower, while 22nd Century Group (XXII +18.4%) is <<soaring>>.
Now read: 'MO' Money, More Money: Altria
https://seekingalpha.com/market-news/wall-street-breakfast?utm_medium=email&utm_source=seeking_alpha