Turning Point Brands, Inc. (TPB) Stock

Turning Point Brands, Inc. is a leading manufacturer, marketer, and distributor of branded consumer products across various segments. The company operates through three distinct divisions: Zig-Zag Products, Stoker's Products, and NewGen Products. Under the Zig-Zag Products segment, Turning Point Brands markets a range of rolling papers, tubes, cigars, cigar wraps, and related accessories under the iconic Zig-Zag brand. The Stoker's Products segment specializes in manufacturing and distributing moist snuff tobacco and loose-leaf chewing tobacco products, featuring well-known brands such as Stoker's, Beech-Nut, Durango, Trophy, and Wind River.

In addition to traditional tobacco products, Turning Point Brands has diversified into the NewGen Products segment, focusing on innovative offerings including cannabidiol (CBD) isolate, liquid vapor products, and other non-tobacco and non-nicotine items. These products are distributed directly to consumers through the VaporFi B2C online platform and non-traditional retail channels via VaporBeast. The company's extensive distribution network covers wholesale distributors and retail merchants across independent and chain convenience stores, tobacco outlets, food stores, mass merchandisers, and drug stores.

Founded in 1988 and headquartered in Louisville, Kentucky, Turning Point Brands, Inc. was originally known as North Atlantic Holding Company, Inc. before rebranding in November 2015. With a commitment to innovation and quality, the company continues to expand its product portfolio and market reach, catering to evolving consumer preferences in the tobacco and alternative products sectors.