Archive - June 2023

UNITED KINGDOM
Disposable vapes not welcome at Glastonbury

The single-use products have been added to Glastonbury’s “do not bring” list as they are deemed harmful to the environment, reports The...

ARMENIA
Tax growth on tobacco products to slow down

A draft law aimed at slowing down the growth of excise duties on tobacco products and strong alcohol has been approved by Armenian authorities, reports...

UNITED STATES
70% excise tax on e-cigarettes in Hawaii

Governor Josh Green has signed anti-vaping legislation into law which will see a 70 per cent tax levied on e-cigarettes and liquids from next year, reports...

UNITED ARAB EMIRATES
Kingsway Capital set to sell AIR stake

Kingsway Capital has entered meetings with big tobacco firms as the private equity firm prepares to sell its stake in Dubai-based tobacco business Advanced...

HUNGARY
Cigarettes to become more expensive

The price of cigarettes is due to become significantly higher from January 2024 thanks to a rise in excise duty, reports HungaryToday.

Excise duty on...

AUSTRALIA
Teen smoking rate rises

For the first time in 25 years, the teenage smoking rate has risen in Australia with health experts calling the situation “alarming”, reports The Guardian...

UNITED KINGDOM
BAT: “on track to meet full year guidance”

British American Tobacco (BAT) has announced its strategy has not changed since new CEO Tadeu Marroco took over in May and said it is “on track to meet full...

NEW ZEALAND
New rules for vapes

In a bid to crackdown on youth vaping, the government will be banning most disposable vapes and banning vape shops near schools, amongst other rules, reports...

BANGLADESH
Vaping to get more expensive

Finance Minister AHM Mustafa Kamal plans to add an import duty of 100 per cent on e-cigarette parts, reports the Dhaka Tribune.

In his budget speech for the...

SOUTH AFRICA
Tax hike for vapes

Nicotine-substitute solutions, including vaping products, are now subject to taxation with an excise duty rate of ZAR 2.90 (USD 0.15) per ml, reports...

GERMANY
Cannabis industry comes to Dortmund

The Cannabis Business Expo and Conference (CB EXPO) will be held at the same time as InterTabac at the neighbouring 'Kongress Dortmund' convention centre on 15...

UNITED STATES
Altria completes acquisition of NJOY

Altria Group, Inc. (Altria) has announced that it has completed its acquisition of NJOY Holdings, Inc. (Transaction) and also updated its guidance for 2023...

UNITED STATES
Call for more transparency from FDA

The National Association of Convenience Stores (NACS) and other retail associations have asked the US Food and Drug Administration (FDA) to be more transparent...

CANADA
Warnings on individual cigarettes are coming

Canada is set to become the first country to print health warnings on individual cigarettes, making it impossible for smokers to ignore the warnings, reports...

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