US import block on vapes could cut illegal sales by a third, BAT says [Yahoo! Finance Canada]
British American Tobacco Industries, p.l.c. ADR (BTI)
NASDAQ:AMEX Investor Relations:
bat.com/ir
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Source: Yahoo! Finance Canada
LONDON, Feb 12 (Reuters) - A potential U.S. move to block imports of some disposable vapes could cut the booming market for ?unregulated e-cigarettes by as much as a third, British American Tobacco's ?CEO told Reuters on Thursday, though any impact is unlikely before 2027. Tobacco giants including BAT and ?U.S. Marlboro-maker Altria have spent years fighting a flood of mostly Chinese-made vapes that lack U.S. authorisation for sale but have still come to dominate the world's largest market for smoking alternatives. BAT estimates unregulated devices make up about 70% of U.S. e-cigarette ?sales, hitting both its ?vape and traditional tobacco businesses. The company has two active cases at the U.S. International Trade Commission, seeking to block imports ?of unregulated devices. Last year, an ITC judge ruled in BAT's favour in a patent dispute and recommended a general exclusion order that would block disposable vapes infringing its ?patents. BAT ?said alongside annual results on
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BTI
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- 2/18/26 - Form 6-K
- 2/13/26 - Form 6-K
- 2/13/26 - Form 6-K
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