Cigar Weekly

BigO · 09-21-2021, 06:32 AM

Swedish Match getting out of the cigar business? One of my best investments!

https://tobaccobusiness.com/swedish-...acco-market/2/

CSMAnderson · 09-21-2021, 10:43 AM

If I understand this correctly Swedish Match rids itself from the cigar business. So, who controls the cigar side? And what is ZYN?

BigO · 09-21-2021, 01:03 PM

Swedish Match has been a highly profitable investment. They are the largest cigar firm on the planet. For them to announce that they're going to divest their business off of combustible tobacco is huge. If you have smoked a cigar in the last decade, SM has made money from it.

My investment firm owns 30% of the company. Choked on my morning cigar. ��

BigO · 09-23-2021, 07:10 PM

Quote:

Originally Posted by CSMAnderson

If I understand this correctly Swedish Match rids itself from the cigar business. So, who controls the cigar side? And what is ZYN?

I talked to the General Partner of the LLC, who says it's spinning the smoking tobacco into a separate business, of which we will be larger owners. The big thing in Europe is snuus, which is smokeless. ZYN is a popular brand of it.

Jester · 09-24-2021, 04:22 AM

Yeah ZYN does the job pretty well for us addicts out here. Not as messy as snuff and a pretty tasty fix. Good for surviving without the time for even a short stick outside.

Best,
J.

09-21-2021, 06:32 AM	#1
BigO Publisher/Owner El Chefé BBQ Guru Herf God Join Date: Oct 2001 Location: Atlanta. Posts: 55,765	This is huge! (especially to me!) Swedish Match getting out of the cigar business? One of my best investments! https://tobaccobusiness.com/swedish-...acco-market/2/ __________________ Every time you think you've become too cynical, the world finds a way to teach you that the real problem is that you haven't become cynical enough Free speech is free speech is free speech. There is no qualifier. If you aren't outraged, you aren't paying attention. Never attribute malice to that what can be explained as stupidity. Unborn lives matter too.

09-21-2021, 01:03 PM	#3
BigO Publisher/Owner El Chefé BBQ Guru Herf God Join Date: Oct 2001 Location: Atlanta. Posts: 55,765	Swedish Match has been a highly profitable investment. They are the largest cigar firm on the planet. For them to announce that they're going to divest their business off of combustible tobacco is huge. If you have smoked a cigar in the last decade, SM has made money from it. My investment firm owns 30% of the company. Choked on my morning cigar. �� __________________ Every time you think you've become too cynical, the world finds a way to teach you that the real problem is that you haven't become cynical enough Free speech is free speech is free speech. There is no qualifier. If you aren't outraged, you aren't paying attention. Never attribute malice to that what can be explained as stupidity. Unborn lives matter too.

09-24-2021, 04:22 AM	#5
Jester Contributing Editor Club Member Join Date: Sep 2005 Location: Saint Pete Fl/Montgomery Al Posts: 4,017	Yeah ZYN does the job pretty well for us addicts out here. Not as messy as snuff and a pretty tasty fix. Good for surviving without the time for even a short stick outside. Best, J. __________________ A general dissolution of principles and manners will more surely overthrow the liberties of America than the whole force of the common enemy. - Samuel Adams, 1779

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09-21-2021, 10:43 AM	#2
CSMAnderson Herf God Join Date: Mar 2006 Posts: 16,342	If I understand this correctly Swedish Match rids itself from the cigar business. So, who controls the cigar side? And what is ZYN?