November 22, 2019 Sophia Vida

Tobacco Stocks Jump on FDA Delays for Cutting Nicotine Levels

Shares of tobacco stocks were headed higher on Wednesday after the Food & Drug Administration delayed its plans to cut nicotine levels in cigarettes. It was in 2017 that the FDA announced a plan to make cigarettes minimally or non-addictive. According to a Bloomberg report, in the organization’s newly updated list of regulations it plans … Continue reading “Tobacco Stocks Jump on FDA Delays for Cutting Nicotine Levels”