April 2026: Pakistan Tops Global Illicit Cigarette Market Pakistan has emerged as the world’s largest illicit cigarette market, with illegal products accounting for 55% of total consumption - around 44 billion sticks annually. A roughly 80 billion-stick market has remained largely unchanged for over a decade. Repeated tax increases have...
Beyond Nicotine: BAT
April 2026: British American Tobacco Affiliate Holds 29.9% Stake in Organigram, With Path to 49% Organigram reported that its strategic investor, BT DE Investments, an affiliate of British American Tobacco (BAT), has updated its ownership position. As of April 2026, BAT owns 42.2 million common shares, representing 29.9% of the...