Stoke on Trent: illegal cigarettes seized
A haul of illegal tobacco and cigarettes with a street value of more than £30,000 has been seized following raids in the city centre.
Nearly 2,800 packs – 50,000 cigarettes – and 21kg of hand-rolling tobacco were found after trading standards swooped on a shop and a storage facility in Hanley on the back of information received from the public.
10 October 2018
Malaysia to ban smoking in all restaurants and hawker stalls from Jan 1 2019
Malaysia is to enforce a nationwide smoking ban on restaurants, coffee shops and hawker stalls from 1 January 2019. The ban will cover all air-conditioned and non-air-conditioned restaurants, open and covered street stalls.
Those caught smoking in prohibited areas will be fined up to RM10,000 (£1,800) and eateries found not enforcing the ban will be fined RM2,500.
Source: The Straits Times, 11 October 2018
Makers of Marlboro to buy a stake in Canadian cannabis producer Aphria
Shares of Aphria, a Canadian-based cannabis producer, rallied more than 16% Wednesday after a report said that Altria, the maker of Marlboro cigarettes, was in talks to buy a minority stake in the company.
Wednesday’s report is the latest in a series of moves the tobacco industry is making in an effort to enter the cannabis market. In June, Imperial Brands, one of the world’s largest tobacco giants teamed up with the rapper Snoop Dogg’s cannabis-focused venture firm, Casa Verde Capital, to invest in medical cannabis research.
On 17 October 2018, Canada is to become the second nation in the world, after Uruguay, to formally legalise cannabis.
Source: Business Insider, 10 October 2018
E-cigarette market is estimated to reach $44.6 billion by 2023
According to new market research, the global e-cigarette market is estimated to reach $44.6 billion by 2023. The growth in the market is likely to be led by factors such as increasing health concerns among smokers and an increase in the number of vape shops.
The market was classified into vape shops, supermarkets, online, and tobacconists. Among these channels, vape shops generated the highest revenue in the e-cigarette market in 2017.
The e-cigarette market has potential growth opportunities in the relatively untapped emerging economies of the Asia-Pacific, Latin America and Africa. Tobacco companies and e-cigarette manufacturers in these regions are expanding their business to achieve greater reach for their products through various channels, including e-commerce, retail partners, and grocery stores.
Source: Spi News, 11 October 2018