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Despite efforts made by certain state and local jurisdictions to curb the sale or use of delta 8, the cannabinoid has not been the target of any federal law enforcement efforts

Analysts at Stifel and Barclays praise the firms operational discipline and consistent earnings growth, noting that the company has delivered on the smoke-free promise more convincingly than any rival. PMIs share price has risen steadily as investors reward the company for higher margins in reduced-risk products, strong cash flow, and a clear strategic direction

Global public health data show tobacco causes over eight million deaths annually, including deaths from second-hand smoke, and contributes to 17% of all cardiovascular disease deaths, making tobacco a top target for health policies

The approach differs from past litigation by New York and other states, which targeted vaping manufacturers, such as Juul Labs