TURNING POINT BRANDS INC
TPB
Consumer Staples
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Turning Point Brands Inc. is a manufacturer, marketer, and distributor of branded consumer products strategically focused on tobacco and nicotine. Its primary business segments are Zig-Zag, which produces rolling papers and other smoking accessories, and Stoker's, which manufactures and sells moist smokeless tobacco and modern oral nicotine pouches. The company's product portfolio is dedicated to the consumption of combustible tobacco and nicotine, with smokeless tobacco and modern oral nicotine products representing a core revenue line. According to its 2025 10-K report, the company is a leading independent provider in these categories, deriving the vast majority of its revenue from tobacco and nicotine-related products.
Research Sources
1 organization
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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