This is affecting an FDA fast-track approval program, according to a news agency's report. The resistance to tobacco products just doesn't seem to be melting away.
Altria's efforts to diversify beyond cigarettes have mostly flopped. On!, its oral nicotine pouch, has had some success, though it faces stiff competition from Philip Morris's Zyn.
Tobacco giant Altria continues to evolve as its cigarette business moves toward its inevitable end. Nicotine pouches are a clever alternative vice, and the company is now expanding their availability.
In a digitally connected world, Verizon Communications is a fixture in U.S. households. Altria Group's legacy business is on a slow burn, but it can still deliver hefty dividends.