Tobacco, cigarette and e-cig category news for the convenience store retail industry.

$35 million equity capital raise a ‘fresh financial start’ for the brand

SCOTTSDALE, Ariz. -- NJOY LLC has acquired the assets of NJOY Inc. as part of the e-cigarette maker’s financial restructuring. NJOY Inc., which was founded in 2006, declared bankruptcy last September, citing an accumulated deficit of $234.4 million and $16 million in accounts payable. After...

Industry group offers additional clarity on resource

MINNEAPOLIS -- Feb. 15, 2007, is an important date in the Family Smoking Prevention and Tobacco Control Act, the law that Congress passed to authorize the U.S. Food and Drug Administration (FDA) to regulate tobacco products. That date is known as the “predicate date” or “grandfather date.” Every...

Congressmen regroup on Cole-Bishop Amendment to ease FDA rules

WASHINGTON -- A Republican and a Democratic congressmen have regrouped in their effort to ease FDA regulation around new tobacco products and vaping back on track. Congressmen Tom Cole (R-Okla.) and Sanford Bishop (D-Ga.) introduced legislation on Feb. 16 to amend the U.S. Food and Drug...

BAT to discountinue one of Churchill’s favorite brands
Researchers present more data on heat-not-burn products, e-cigs

Lower volume offsets rise in prices, dampens sales

If it caved to shareholder pressure, mammoth drug-store chain would boost c-store profits

Product pulled from almost all affected stores, replacement ongoing, company says
Goals are to expand into metro market and grow share in hand-rolled cigars
11 states considering move to 21, potentially harming retailers