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Altria Group, Inc. is a leading tobacco company focused on transitioning adult smokers to smoke-free alternatives. Its diverse portfolio includes cigarettes, cigars, smokeless tobacco, and e-vapor products, with brands like Marlboro and Copenhagen. With a significant market opportunity, Altria targets U.S. consumers aged 21 and older. Recent initiatives include acquiring NJOY and forming a joint venture for heated tobacco products, emphasizing innovation in reduced-risk offerings.
This description was generated via AI from an annual report. Updated about 1 year ago.