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Altria Group 
Industry & manufacturing / Tobacco
🛍️ Products/Services
The Altria Group is a Fortune 500 company that operates in the consumer packaged goods industry. It was formerly known as Philip Morris Companies Inc. and is based in Richmond, Virginia. The company's main products and services include:
1. Tobacco products: Altria is the largest producer of tobacco products in the United States. Its flagship brand is Marlboro cigarettes, which have a market share of over 40% in the U.S. Other tobacco products produced by the company include cigars, snuff, and pipe tobacco.
2. Smokeless tobacco: Altria also produces smokeless tobacco products like Copenhagen, Skoal, and Red Seal.
3. Wine: The company owns Ste. Michelle Wine Estates, which produces and sells premium wines under brands like Chateau Ste. Michelle, Columbia Crest, and 14 Hands. It is the leading wine producer in Washington State and the third-largest premium wine producer in the U.S.
4. Beer: Through its subsidiary, Anheuser-Busch InBev, Altria has a 10.2% equity stake in the world's largest brewer, which produces popular beer brands like Budweiser, Stella Artois, and Corona.
5. Financial services: Altria owns a 30.3% stake in the financial services company, SABMiller, which provides services like asset financing, insurance, and wealth management.
6. Cannabis: The company has a 45% stake in the Canadian cannabis company, Cronos Group, which produces and sells recreational and medicinal cannabis products.
7. E-cigarettes: Altria owns a 35% stake in JUUL Labs, a manufacturer of e-cigarettes, which have gained popularity among young adults.
8. Nutritional products: Altria owns a 27% equity stake in US-based health and wellness company, The Fresh Market, which sells organic and specialty food products.
9. Technology and data solutions: The company has a 27% stake in Intercontinental Exchange, a leading technology and data solutions provider for global financial markets.
In addition to these products and services, Altria also provides marketing and distribution services for its own brands and third-party products. The company also invests in research and development to improve its existing products and develop new ones.
See Company Q&A
1. Tobacco products: Altria is the largest producer of tobacco products in the United States. Its flagship brand is Marlboro cigarettes, which have a market share of over 40% in the U.S. Other tobacco products produced by the company include cigars, snuff, and pipe tobacco.
2. Smokeless tobacco: Altria also produces smokeless tobacco products like Copenhagen, Skoal, and Red Seal.
3. Wine: The company owns Ste. Michelle Wine Estates, which produces and sells premium wines under brands like Chateau Ste. Michelle, Columbia Crest, and 14 Hands. It is the leading wine producer in Washington State and the third-largest premium wine producer in the U.S.
4. Beer: Through its subsidiary, Anheuser-Busch InBev, Altria has a 10.2% equity stake in the world's largest brewer, which produces popular beer brands like Budweiser, Stella Artois, and Corona.
5. Financial services: Altria owns a 30.3% stake in the financial services company, SABMiller, which provides services like asset financing, insurance, and wealth management.
6. Cannabis: The company has a 45% stake in the Canadian cannabis company, Cronos Group, which produces and sells recreational and medicinal cannabis products.
7. E-cigarettes: Altria owns a 35% stake in JUUL Labs, a manufacturer of e-cigarettes, which have gained popularity among young adults.
8. Nutritional products: Altria owns a 27% equity stake in US-based health and wellness company, The Fresh Market, which sells organic and specialty food products.
9. Technology and data solutions: The company has a 27% stake in Intercontinental Exchange, a leading technology and data solutions provider for global financial markets.
In addition to these products and services, Altria also provides marketing and distribution services for its own brands and third-party products. The company also invests in research and development to improve its existing products and develop new ones.
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