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A submitted PMTA is not FDA marketing authorization or approval.

Chief among them, these next-generation nicotine products tend to have lower margins and higher competition than traditional cigarettes, which means that BAT will likely have to invest more in marketing and innovation to maintain its market share and profitability

There are many species of the tobacco plant, but two principal native species grow in western North America

BAT's majority-owned affiliates in Bangladesh (73%), Malaysia (50%), Kenya (60%), and Zambia (75%), with each of them already having the minority shares listed on local stock markets (see also their listing in Simply Wall Street), illustrate its strategic focus on emerging markets

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