Bloomberg
The Food and Drug Administration said it will issue preliminary findings on the health effects of menthol cigarettes this year after outside advisers review an internal report starting next month.
The U.S. market for menthol tobacco products is $25 billion a year, or about 30 percent of cigarette sales, according to data compiled by Bloomberg Government. Lorillard Inc. (LO) of Greensboro, North Carolina, makes the best-selling brand, Newport, with sales of $5 billion a year. Marlboro Menthol, made by Richmond, Virginia-based Altria Group Inc. (MO) and the Kool and Salem brands sold by Reynolds American Inc. (RAI) of Winston Salem, North Carolina, are other leading brands.