NYSE:PMTobacco
Does PMI’s US ZYN Bet and Brazil Lawsuit Shift the Bull Case For Philip Morris (PM)?
Philip Morris International recently opened its Aurora, Colorado manufacturing campus, a roughly 780,000-square-foot, fully integrated site representing about US$1.20 billion in planned 2024–2028 investment to produce ZYN nicotine pouches and support U.S. and export markets.
At the same time, its Brazilian subsidiary and parent company now face a pending ruling in a landmark public health lawsuit that could set an important precedent for tobacco-industry liability in low- and middle-income...