The Biden administration proposed a national ban on menthol cigarettes, advancing a regulatory plan that could sweep from the market more than a third of all cigarettes sold in the U.S. The products represent more than $20 billion in annual sales.

The Food and Drug Administration on Thursday published proposed rules laying out the details of the plan. The ban would prohibit the sale of menthol cigarettes and all flavored cigars. The FDA said it is considering allowing exemptions on a case-by-case basis for certain products, such as heated-tobacco devices or cigarettes with very low nicotine levels. The ban wouldn’t affect menthol e-cigarettes.

To Read the Full Story

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

MGM Resorts to Sell Las Vegas CityCenter for $3.9 Billion

MGM Resorts International agreed to take full ownership of the huge CityCenter…

In One Queens Building, the Third Apartment Is the Charm (for Now)

Isaac Goldberg was working on the 2014 re-election campaign of Representative Steve…

Finance Chiefs Work to Navigate Higher Costs, Transportation Woes

Finance chiefs are making do with less as they work to reduce…

Billionaire Michael Steinhardt surrenders $70 million in stolen relics, Manhattan DA says

NEW YORK — Billionaire hedge fund manager Michael Steinhardt has agreed to…