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Tobacco Firms Invest $1B; Colorado Builds $600M Pouch Plant

7/7/2026

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Story summary
  • PMI began building $600 million nicotine-pouch plant in Aurora, Colorado, with $4.5 million in state tax credits defended by Governor Jared Polis.
  • Tobacco firms are opening factories nationwide, investing over $1 billion to meet rising demand for nicotine pouches and vaping products.
  • Grand View Research projects global nicotine-pouch sales will exceed $40 billion by 2033, up from $6.9 billion in 2025, while health experts warn nicotine is addictive and can harm teenage brain development.