NEW YORK, NY–(Marketwire – 04/12/11) – In recent months health regulators made significant moves to reshape the tobacco industry. The Bedford Report examines the outlook for companies in the Cigarette Industry and provides research reports on Altria Group, Inc.
Last month Star Scientific made headlines when it announced that US regulators ruled that two of the company’s brands aren’t subject to regulation under the 2009 tobacco law. Currently, only cigarettes, cigarette tobacco, smokeless tobacco and roll-your-own tobacco are subject to Chapter IX of Federal Food Drug & Cosmetic Act. Star Scientific, which makes dissolvable tobacco products, said it plans to move forward with the marketing and distribution of the products, Ariva and Stonewall. The dissolvable products contain reduced levels of carcinogens known as tobacco-specific nitrosamines.
Current smoking regulations ban chocolate, fruit and other flavorings that lawmakers said enticed youth to start smoking. The ban could soon include the use of menthol in cigarettes. Recently, an FDA advisory panel argued that consumers think menthol flavoring offers health protection or benefits, and menthol cigarettes are disproportionately marketed to African Americans. Cigarette manufacturers see menthol as a growth area, and are quick to defend their product. The tobacco industry’s draft report to the FDA acknowledges that “all cigarettes are hazardous to health,” and menthol should not be regulated differently.
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