Altria (MO) Wins FDA Approval for on! PLUS, Expands in Oral Nicotine Market
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Altria Group (MO) has received FDA approval for six on! PLUS nicotine pouch products, made by Helix Innovations. This approval, part of a pilot program for lower-risk nicotine products, includes mint, wintergreen, and tobacco flavors in 6 mg and 9 mg strengths. Altria plans to start sales in Florida, Texas, and North Carolina, and resume online sales. Despite this development, MO shares slightly dropped, closing at $58.07.
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