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Imperial Brands selects Charlotte as test market for new blu eCigs promotional campaign

Tobacco settlement to put $81 million-plus in state coffers March 17, 2021 FacebookTwitterEmail MINNEAPOLIS (AP) — Minnesota has settled its lawsuit against R.J. Reynolds Tobacco and ITG Brands over payments from the landmark 1998 agreement and should receive at least $81 million, state Attorney General Keith Ellison said Wednesday. A Minnesota court in 2019 ruled in favor of the state, which argued that because of a brand-transfer issue the tobacco company wrongfully failed to pay millions of dollars. Reynolds merged with Lorrilard tobacco in 2015. As part of that merger, Reynolds transfer...

Tobacco manufacturers have gained at least an additional three months before potentially having to place graphic warning labels on their traditional cigarette packs.

British American Tobacco Plc said Wednesday that it took a $554.8 million charge during fiscal 2020 related to an annual Master Settlement Agreement-type payments dispute. In June 2015, BAT subsidiary R.J. Reynolds Tobacco Co. sold traditional cigarette brands Kool, Maverick, Salem and Winston for $7.1 billion to U.K.-based Imperial Brands Plc. The brands were transferred to Imperial's U.S. subsidiary ITG Brands LLC of Greensboro. The four brands combined represent about 7.5% of the U.S. market share for traditional cigarettes. Reynolds divested Kool, Salem and Winston, while Lorillard Inc. d...