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Initially marketed towards women, these cigarettes have gained popularity among both genders due to their sleek profile and reduced tar and nicotine levels

Litigation had succeeded, however, as states attorneys general and private litigants slowly but steadily eroded the industrys invulnerability in the courts, resulting in the Master Settlement Agreement with 46 states and as yet uncertain tort and statutory consumer protection liabilities that may run into the billions of dollars

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Murillo described heat-not-burn as complimentary to vapor, while Reynolds American executive vice president Brice OBrien said both were viable spaces, but ultimately, the bigger opportunity is with vapor. Members help make our journalism possible

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