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![tobaccoinsider Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1164915686122151936.png) Tobacco Insider [@tobaccoinsider](/creator/twitter/tobaccoinsider) on x 16.2K followers
Created: 2025-07-17 18:04:45 UTC

FDA's authorization of JUUL products is negative for Altria and BAT (i.e. more legal competition) and could be positive for PMI

PMI now has a solution to quickly gain meaningful presence in the key US vape market: JUUL acquisition

That being said, PMI will probably wait until the illegal vapes are cleared off the market. Meanwhile, PMI's net debt/EBITDA ratio will be down to 2x and its balance sheet will be ready for a new acquisition $mo $bti $pm

![](https://pbs.twimg.com/media/GwE-U03XoAAB68v.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945907541269008713/c:line.svg)

**Related Topics**
[2x](/topic/2x)
[acquisition](/topic/acquisition)
[vape](/topic/vape)
[insider](/topic/insider)
[$mo](/topic/$mo)
[stocks consumer defensive](/topic/stocks-consumer-defensive)

[Post Link](https://x.com/tobaccoinsider/status/1945907541269008713)