Conwood loves a bear market when it comes to moist snuff and other smokeless tobacco products. It makes the Grizzly, Kodiak, Hawken, and Cougar brands of moist tobacco and is the second-largest maker of smokeless tobacco products in the US. Conwood also makes loose-leaf tobacco (including Morgan's, Levi Garrett, and Taylor's Pride brands), snuff (Garrett and Dental brands), and an assortment of other smokeless tobacco (including twist, moist, and plug). It also makes Captain Black flavored little cigars. Conwood is renaming itself American Snuff in 2010. It was acquired by Reynolds American in 2006 for $3.5 billion. It now generates about 8% of Reynolds American's annual revenue and its sales continue to grow.

Vector Group’s tobacco subsidiaries have a proud history of charting an independent course in the tobacco industry, dating from Liggett’s founding in 1873. In 1996, Liggett became the first tobacco company to settle certain smoking-related litigation. A year later, we led Liggett into its landmark announcement that smoking is addictive and causes cancer and other health ailments. To this day, Liggett – the fifth largest cigarette manufacturer in the U.S. – remains the only major tobacco company to carry “Smoking Is Addictive” warning labels on its cigarette packs and to list ingredients on its cartons. Liggett has a strong collection of discount cigarette brands, which includes Eve, Grand Prix, Pyramid and Liggett Select.Our Vector Tobacco subsidiary is focused on developing reduced risk cigarette products.Vector Group is also involved in the real estate business through its New Valley subsidiary. New Valley owns a 50% ownership interest in Douglas Elliman Realty LLC, which operates the largest residential real estate brokerage company in the New York metropolitan area. New Valley also holds investments in several significant real estate projects in California and New York.

Nervous newlyweds headed to Niagara Falls can take a pit stop down the road at Smokin Joes Cigars. The retail outlet on the Tuscarora Indian Nation in New York started off as a place to buy low-priced tobacco and tax-free gasoline but now offers a range of other products, from groceries and housewares to jewelry and apparel items, including casual clothing from major labels (such as Burton and Calvin Klein), Western wear, footwear, and accessories. In addition to selling name-brand tobacco products, Smokin Joes manufactures its own line of cigars, cigarettes, and pipe tobacco at a factory on the Tuscarora Indian Reservation. It also sells products online.

British American Tobacco Japan (BATJ) is busy catering to the will of the Japanese people while attempting to temper the regulatory decisions of the Japanese government. Having been tasked with providing smoking materials and accessories to the country's approximately 32 million smokers, BATJ also has its hand in helping to persuade or dissuade the government on taxation and regulations concerning the marketing and consumption of tobacco products. The more than 20-year-old subsidiary of British American Tobacco has 13 regional offices about Japan.

Imperial Tobacco Canada makes cigarettes, loose-leaf tobacco, and other tobacco-related products, including filter papers and tubes. It also operates marketing and event-planning subsidiaries. The company's brand names include du MAURIER, Player's, John Player, JPS, Matine, Peter Jackson, Sweet Caporal, Embassy, Hi-Dro, and others. Amid slumping sales, Imperial Tobacco in 2005 shuttered the last of its Canadian-based cigarette-making plants. Imperial Tobacco Canada was established in 1908 and is a subsidiary of British American Tobacco, one of the world's largest cigarette companies.

Rothmans company owns 60% of Rothmans, Benson & Hedges (RBH). RBH, Canada's #2 tobacco firm (Imperial Tobacco Canada is #1), makes and distributes cigarettes and roll- your-own tobaccos under top brands Craven "A" and Rothmans, as well as Belvedere, Benson and Hedges, Dunhill (licensed), Mark Ten, Number 7 (its best seller), and Viscount. RBH also distributes cut tobacco, mini-cigars, and pipe tobacco (Captain Black). Rothmans controls about a third of the Canadian tobacco product market. Philip Morris International (PMI) acquired Rothmans for about $2 billion in 2008.

JR Cigar company that began as a small Manhattan cigar shop is now a leading distributor and retailer of premium cigars. Its retail operations include a few discount outlet stores (all in North Carolina) and a direct-mail catalog operation. Its stores also sell pipe tobacco, tobacco accessories, humidors, lighters, coffee, and other specialty items such as a Montecristo golf club set. Orders also are taken on the company's Web site, which features JR Cigar University. The company hosts auctions on its Web site, as well, at JR Cigar Auction. The online database contains extensive information on cigars -- everything from storing them to lighting them up.

Altadis Pyrenees Mountains may divide France and Spain, but Altadis unites the countries for a smoke. Born of the 1999 merger of Spain's Tabacalera and France's Societe Nationale d'Exploitation Industrielle des Tabacs et Allumettes (Seita), Altadis is one of the world's largest tobacco firms. Altadis brands include Ducados, Fortuna, Gauloises, and Gitanes. Its cigar operation (the top worldwide) produces Antonio y Cl opatra, Farias, Hav-A-Tampa, and Montecristo and controls a quarter of the world's cigar market (mostly from its Altadis USA unit).

S&M counts two things -- cigarettes and racing -- among its favorites. S&M Brands makes and markets cigarettes under the Bailey's Cigarettes brand name, as well as under the Freedom of Choice label. CEO Malcolm (Mac) Bailey and his son Steven established the company in 1994. The "S&M" in the corporate name stands for "Steve and Mac." Bailey's Cigarettes are sold throughout the Southeastern US in Alabama, Florida, Delaware, Georgia, Tennessee, Kentucky, the Carolinas, West Virginia, Maryland, and Virginia. S&M is a closely held, family-run company that boasts fifth-generation tobacco growers. The firm sponsors a NASCAR racing team to promote its brand.

Reemtsma Cigarettenfabriken company produces a variety of brands, including Gauloises Blondes, Davidoff, Peter Stuyvesant, R1, and JPS. It sells its cigarettes through affiliated operations in more than 130 countries around the globe. Health-related legal complications have as yet not touched the company, since the majority of its sales come from areas outside those litigious towards cigarette makers. Reemtsma is a subsidiary of the UK's Imperial Tobacco.

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