LAS VEGAS -- Enthusiasm about innovation in the tobacco category was palpable at the 2018 Tobacco Plus Expo (TPE), as conference speakers revealed promising numbers for vaping devices, OTP and the cannabis compound known as cannabinoid or CBD.
Panelists such as Nik Modi, tobacco analyst for RBC Capital Markets LLC, New York, said he’s seeing innovation in chewing tobacco, moist smokeless, snus and other tobacco products (OTP), as well as electronic cigarettes and vaping devices.
“I’ve been negative about e-cigarettes in the past, not because [I didn’t see] the opportunity, but I thought it was too early. I thought the science was not good enough, but things are changing," Modi told about 200 conference attendees at a session sponsored by Lakeville, Minn.-based NATO.
Modi and other industry speakers were in Las Vegas for the TPE educational sessions and trade show that ran from Jan. 30-Feb. 1. They pointed out a number of bright spots within the tobacco category. Here are a few of those insights, as well as several product finds from the trade-show floor ...