The U.S. Food and Drug Administration issued a marketing denial order for blu Disposable Classic Tobacco 2.4%, an e-cigarette product manufactured by Fontem US, the agency announced. “This means the company still must not market or distribute this product in the United States, or they risk enforcement action by FDA. The company may submit a new application for the product subject to this MDO,” the FDA stated. Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM).
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