Altria (MO) Partners with KT&G on Oral Nicotine and Wellness Products

Core Insights - Altria Group, Inc. (NYSE:MO) is collaborating with KT&G Corporation to develop novel oral nicotine products, non-nicotine products, and enhance conventional tobacco operations [1][2][3] Group 1: Collaboration Details - The agreement aims to expand nicotine pouch products globally, potentially extending Altria's on! and on! PLUS brands into select countries [2] - An Altria subsidiary and Korea Ginseng Corporation will explore opportunities in the US energy and wellness markets within the non-nicotine segment [2] - Both companies are focused on improving operations and competitiveness in traditional tobacco products, aligning with Altria's growth targets for international smoke-free goods and non-nicotine categories [3] Group 2: Company Overview - Altria Group, Inc. is a major American company involved in the production and marketing of tobacco, cigarettes, and related products globally [4] - The company has also entered the next-generation nicotine market, including oral nicotine pouches and electronic vaping devices [4]