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Stock impact report

US FDA issues warning letters to retailers against underage sale of ZYN nicotine pouches [Reuters]

Philip Morris International Inc (PM) 
Last philip morris international inc earnings: 4/21 06:59 am Check Earnings Report
US:NYSE Investor Relations: pmi.com/investor-relations/overview
Company Research Source: Reuters
against retailers engaged in underage sale of various flavors of ZYN nicotine pouches. The FDA said , opens new tab it had issued 119 warning letters to brick-and-mortar retailers and had filed 41 civil money penalty complaints seeking more than $55,000 in total for underage sales of flavored ZYN nicotine pouches, including espressino, black cherry, lemon spritz, and cucumber lime. ZYN nicotine pouches are manufactured by Swedish Match, which is owned by Marlboro maker Philip Morris International (PM.N) , opens new tab . PMI claims , opens new tab that the pouches do not contain tobacco and are inherently smoke-free. PMI did not immediately respond for a request for comment. The FDA said it was illegal for any retailer to sell any tobacco product - including cigarettes, e-cigarettes, cigars, and nicotine pouches — to anyone under the age of 21. The agency added that nicotine pouches , opens new tab were a type of tobacco product. "There is no excuse for selling tobacco produ Show less Read more
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