Altria’s Untapped $40 Billion Market: Marijuana in the U.S.

  BY Ben Reynolds NEW YORK (TheStreet) -- Marlboro cigarette maker Altria (MO) controls 50.9% of the U.S. cigarette market. The company is still gaining market share; one year ago the company controlled 50.7% of the U.S. cigarette market. The U.S. cigarette industry is slowly declining as the negative health consequences of smoking become common …

Kentucky reaches settlement with Big Tobacco

Adam Beam, AP Business Writer 6:04 p.m. EDT June 12, 2014 FRANKFORT, Ky. (AP) — Tobacco companies have agreed to pay Kentucky more than $110 million to settle a 10-year legal battle over the state's share of the tobacco master settlement agreement. In 1998, U.S. tobacco companies agreed to pay $229 billion to 52 states …

Teen tobacco ‘epidemic’ shocks surgeon general By Wendy Koch, USA TODAY

Many of America's teens smoke cigarettes as well as use smokeless tobacco, and the tobacco industry's marketing fuels their addiction, says the first U.S. surgeon general's report on youth tobacco use since 1994. "The numbers are really shocking," Surgeon General Regina Benjamin said in an interview, citing data in today's report that nearly one in …