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Turning Point Brands, Inc. is a leading U.S. provider of products with active ingredients. We sell a wide range of products to adult consumers, from our iconic brands to our next generation products to fulfill evolving consumer preferences. Our three focus segments are led by our core, proprietary brands –Stoker`s® in Smokeless Products; Zig-Zag® in Smoking Products; and Nu-X®, Solace® along with our distribution platforms (VaporBeast®, VaporFi® and Direct Vapor®) in NewGen. Our businesses generate solid cash flow which we use to finance acquisitions, increase brand support, expand our distribution infrastructure and strengthen our capital position. Our Smokeless segment is driven by the Stoker`s® brand with a proud heritage dating to 1940. Stoker`s competes in the chewing tobacco segment, where it has grown to the #2 position, and in the moist snuff segment, where it remains one of the fastest-growing brands. The portfolio also includes Beech-Nut®, launched in 1897, and a diverse collection of other chewing tobacco brands that offer a variety of consumer choices and tastes. Our Smoking portfolio includes the world-famous Zig-Zag® brand, with a proud heritage of leadership dating to 1879. Winner of the 1900 World`s Fair Gold Medal for being the first interleaved rolling paper, it remains the leading premium paper in both the United States and Canada today. Over the past decade, Zig-Zag® has successfully expanded its consumer franchise into new product categories such as Make-Your-Own (MYO) cigar wraps, hemp paper and paper cones. Our NewGen vapor portfolio includes our B2B (Vapor Beast®), B2C (International Vapor Group®) vape distribution platforms along with our new product development engine Nu-X Ventures. These businesses have advanced our strategy to provide consumers with innovative products to meet their evolving preferences, while also providing our retail customers with a strong, reliable partner to help navigate this rapidly changing marketplace.
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