Cigarette and Tobacco:
Questions - Answers
Excerpts from General Information Reference Manual
Consumer Information Center
Brown & Williamson Tobacco Corporation,
"The tobacco companies are losing many of the current LAWSUITS. Is tobacco going to be around?"
The tobacco companies have defended and are defending the smoking and health cases successfully. In 25 years of tobacco litigation, no tobacco company has paid a judgement to a plaintiff.
STOCK (Stock-Can I purchase)
"How do I BUY Brown & Williamson STOCK?"
Brown & Williamson is owned by B.A.T. Industries, p.l.c. which is headquartered in London, England. B.A.T. Industries' stock is listed on the London Stock Exchange. Although you cannot buy stock in Brown & Williamson directly, you can buy American Depository Receipts for shares in B.A.T. Industries through stock brokers in the U.S. These "ADRs" are listed on the American Stock Exchange under the ticket name BTI.
(Some consumers inquire about this issue by asking if Brown & Williamson stock is publicly or privately owned. The short answer is publicly owned, but you need to answer with the above as well.)
"Is the tobacco industry going to last? Are you INVESTING IN OTHER AREAS in case tobacco doesn't make it?"
Since Brown & Williamson is primarily engaged in the manufacturer and sale of tobacco products in the United States and around the world, the company believes this to be a viable industry.
(IF PRESSED ABOUT OUR RELATIONSHIP WITH B.A. T)
Brown & Williamson is a member of B.A.T industries, p.l.c. group of companies, some of which deal with financial services and are unrelated to tobacco.
'TAR' and NICOTINE (T/N Tar-What is it? T/N Nicotine-What is it?)
'TAR'-What is 'tar'?
'Tar' is the term used by the Federal Trade Commission to describe the solid material in cigarette smoke that is collected on a laboratory filter when the smoke passes through it.
NICOTINE ???‚¬?ˆ? What is it?
Nicotine is a natural substance produced in the tobacco plant.