Tobacco International - December 2018 | Tobacco Products International - Quarter 4, 2018

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UNITED STATES Santa Fe Helps Provide Funding for Hurricane-stricken Farmers OXFORD, N.C.—Santa Fe Natural Tobacco Company, Inc. (SFNTC) donated $100,000 in November to the Carolina Farm Stewardship Association for the creation of the Hurricane Relief Partnership for Carolina Sustainable Farms. SFNTC, a member of the non-profit Carolina Farm Stewardship Association (CFSA), said that the new Hurricane Relief Partnership has two key purposes: • To provide access to low-cost capital and financial planning to between 30 and 50 small sustainable farms in North and South Carolina that suffered damage due to the impact of Hurricanes Florence and Michael; and • To create an endowment fund to guarantee availability of low-cost financing for small sustainable Carolina farms in the event of future catastrophic weather events. “The Hurricane Relief Partnership for Carolina Sustainable Farms marks the beginning of a new strategy in building the financial resilience of our region’s sustainable agriculture community,” said Roland McReynolds, CFSA’s executive director. “The probability of disasters in future years presents a long-term threat to the survival of sustainable family farms serving the markets for local and organic agricultural products in this region.” These farms, some of which are SFNTC’s grower partners, are not reliably served by the safety net that exists for large-scale conventional commodity production, McReynolds said. “Yet the contributions they make to their communities—enhanced soil and water quality, biodiversity, healthy food, economic growth—are vital. When one of these farms is lost, it has long-lasting negative effects.” Hurricane Florence and Hurricane Michael caused extensive damage in the farming areas of both the Carolinas in September and October of 2018.

NAMES IN THE NEWS Sue Clark has been appointed an independent Non-Executive Director of Imperial Brands PLC. She held a number of senior commercial positions during 13 years with SABMiller and has executive committee and board level experience gained in the FMCG (Fast-Moving Consumer Goods) industry. Luciano Comin, currently Regional Head of Marketing, Americas and SubSaharan Africa (AMSSA), has been appointed as Regional Director, AMSSA, starting January 1, 2019. Donna Grier has been appointed to the Board of Directors of Pyxus International (formerly Alliance One International). Grier currently serves as vice president and treasurer of Dupont. but legalizing recreational drug use. I hope the administration will choose a better way to protect our children.” But will FDA succeed in its campaign against menthol? Bonnie Herzog, researcher with Wells Fargo Securities,

said that a ban is extremely unlikely, for several reasons. A ban may not be supported by the science, there will probably be unintended consequences and, a legal challenge by the industry is almost certain, she said. DECEMBER 2018 TOBACCO INTERNATIONAL

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