Tobacco Harm Reduction in the News

Recent authorization of menthol vaping products…

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Old news but good news. What they didn’t mention it’s all because Enjoy is only product that has a chip that verifies age. Enjoy filed for two flavors that should be approved by end of year.
Until disposable products are outlawed and prosecuted Enjoy will not take off. If Enjoy doesn’t take off who is going to pay for the fight against flavors.

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Where did you hear it because Casaa just sent me the news now?

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I follow Ateria. It’s one of my investments. The stock doesn’t rise much but is paying me close to 10% a year on my investment.

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Nice, that’s admirable. Good dividends reinvested?

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Yes and no. I have owned it before ALTRIA existed. It was Phillip Morris back then. Phillip Morris USA split in two. ALTRIA and Phillip Morris International. ALTRIA sells US Only PMI sells the rest of the world. All dividend’s reinvested in both companies till last quarter and decided to keep the dividend in ALTRIA and took the cash. Still reinvest all dividend in PMI.

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