Altria Group, Inc. is one of the largest tobacco companies in the United States, headquartered in Richmond, Virginia. Founded in 1985, the company is best known for owning Philip Morris USA, the maker of the iconic Marlboro brand, as well as other subsidiaries involved in smokeless tobacco, wine, and strategic investments in cannabis and vaping products. Altria's mission is to responsibly lead the transition of adult smokers to potentially less harmful tobacco products, while delivering long-term shareholder value.
With over 6,000 employees, Altria holds a dominant position in the U.S. tobacco market and has expanded its portfolio through investments in companies such as JUUL Labs and Cronos Group. The company has been actively navigating regulatory changes and shifting consumer preferences, focusing on reduced-risk products and sustainability initiatives. Recently, Altria has made headlines for its strategic divestments and renewed efforts to innovate in smoke-free alternatives, reflecting its commitment to evolving alongside the changing landscape of nicotine consumption.
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