Executive Summary Turning Point Brands (TPB) reported its financial results for the second quarter ended June 30, 2026, demonstrating continued top-line expansion fueled by hyper-growth in its Modern Oral segment (FRE and ALP). Total consolidated net sales increased 22.6% year-over-year to $142.96 million (consensus: $129.2 million). However, profitability contracted significantly...
South Korea: Vapes
August 2026: S. Korea Faces Surge in 'Nicotine-Free' and Analogue Vapes Following Heavy Vape Tax South Korea’s vaping market is grappling with a rapidly growing loophole following a sweeping tax implementation that more than doubled retail prices for e-cigarettes. Consumers looking to bypass escalating costs are turning to products marketed...