Increased Regulation On Vaping Likely To Benefit Tobacco Firms: Moody's
Increased regulations around vaping products in the US are likely to benefit large tobacco companies such as British American Tobacco and Philip Morris, as they are 'more familiar' with the regulatory process than smaller firms, according to Moody's Investors Service.
In addition, larger firms would also have the resources in place to meet the 'increasingly stringent regulatory requirements' of the US Food and Drug Administration (FDA) and other agencies, it said.
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