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Stock impact report

This Alternative Tobacco Company Is Seeing Increased Demand [The Motley Fool]

Turning Point Brands, Inc. (TPB) 
Last turning point brands, inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: The Motley Fool
WhenTurning Point Brands(NYSE:TPBfirst-quarter earningsTurning Point Brands isn't a cigarette producer; it focuses on alternative tobacco products including smokeless tobacco, rolling papers, vaping, and cannabidiol (CBD) products, all of which have seen organic volume growth in recent years. Given the strong demand for its products, should investors consider adding Turning Point to their portfolios?Image source: Getty Images.A leader in alternative tobaccoTurning Point Brands is a leader in the alternative tobacco products market, which includes smokeless tobacco such as moist snuff, chewing tobacco, cigarette papers for DIY rolling, CBD, and vapes. Despite competing against the large cigarette companies such asAltriaBritish American TobaccoProductBusiness SegmentMarket ShareStoker'sChewing tobaccoSmokeless products0%Moist snuff4.5%Zig-ZagCigarette papersSmoking products35%MYO Cigar Wraps75%Data source: Turning Point Brands Reports.The company's strategy has been to focus on acquiri Show less Read more
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