2025 fourth_quarter Filing

Monitored discussions involving taxation of tobacco products Monitored discussions involving international taxation Monitored discussions involving taxation of nicotine

Discussions involving regulation of disposable vaping products Discussions involving the regulation of menthol and other flavors Discussions involving illicit Chinese vapor products Monitored discussions related to Very Low Nicotine regulations Monitored Food and Drug Administration activity on modified risk product applications Monitored executive branch nominations to federal agencies and commissions

Discussions regarding tariffs and duty drawback on tobacco products