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Overview

Altria Group, Inc. is a prominent American holding company based in Richmond, Virginia, primarily engaged in the tobacco industry. Originally founded as Philip Morris & Company in 1919, it rebranded to Altria in 2003 to reflect its diverse business interests, which now include tobacco products, cannabis, and wine. Altria is one of the largest producers and marketers of tobacco products in the U.S., with a strong portfolio that includes well-known brands like Marlboro, Copenhagen, and Black & Mild.

The company offers a wide range of products, including cigarettes, smokeless tobacco, cigars, oral nicotine products, and heated tobacco. Altria also has a stake in the wine industry through Ste. Michelle Wine Estates and holds investments in emerging cannabis companies. With a focus on adult consumers, Altria emphasizes responsible marketing practices and aims to provide category-leading choices while delivering value to shareholders through consistent dividends and growth.
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