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what it is not

In the fourth quarter of 2025, 20% of the retailers and wholesalers who Goldman Sachs surveyed said their outlook for the nicotine category has grown more negative, the lowest level since Q4 2021

However, just last week, ITC announced a proposal to spin out its hotel business (you can view the investor presentation covering the proposal here)

Nicotine replacement therapy (NRT), in combination with counseling support, are the best way to quit tobacco

These substances may influence the interaction between nicotine and alcohol in a manner that makes it more likely for dual smokers to develop alcohol dependence