Public Health Groups Sue FDA Again Over Long-Delayed Menthol Ban [BNN Bloomberg (Canada)]
Altria Group, Inc. (MO)
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Source: BNN Bloomberg
The lawsuit filed Tuesday claims that the Food and Drug Administration has unreasonably and unlawfully delayed regulations that would save lives. The agency has repeatedly missed deadlines to take action on menthol, the latest of which came and went at the end of March. “If past practice is any indication of future performance, they're going to sit on their hands again,” said Phillip Gardiner, co-chair of the African American Tobacco Control Leadership Council, one of the groups that is suing. More than 10 million Americans started smoking because of menthol cigarettes between 1980 and 2018, and around 378,000 people died prematurely, according to the Centers for Disease Control and Prevention. Menthol is especially popular among Black smokers due to tobacco companies' aggressive marketing in Black neighborhoods and sponsorship of events like jazz concerts. Roughly 40% of excess deaths due to menthol cigarette smoking in the US were African Americans. Menthol helps to make nico
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Earnings
- 4/25/24 - In-Line
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Sec Filings
- 5/2/24 - Form 144
- 5/2/24 - Form 144
- 4/25/24 - Form 10-Q
- MO's page on the SEC website