FDA issues Marketing Denial Order to Turning Point Brands for certain vapor products

Turning Point Brands, Inc.

FDA issued MDO on Sept 14, 2021, covering certain vapor products under PMTA.
TPB intends to appeal the decision and engage with FDA for a path forward.
Company believes PMTA data showed products do not appeal to youth and help smokers switch.
No immediate financial impact or revenue figures disclosed in the release.

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