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However, they tend to be stronger in nicotine content, which makes them more addictive

The FAA noted that current requirements for e-cigarettes state that spare batteries should be protected so as to prevent short circuits. But those rules are sometimes ignored, such as on a 2017 flight when an unprotected battery was tossed into a small bag with jewelry, according to an FAA incident report

For chronic obstructive pulmonary disease (COPD), risk varies directly with the total number of cigarettes consumed over a lifetime (USDHHS 2004), which would suggest greater risk for longer duration or higher intensity

Investors will watch smokeable product volumes, pricing, and managements comments on 2026 guidance