The maker of Marlboro cigarettes is betting big on nicotine pouches placed under your upper lip
Swedish Match generates most of its profit from Swedish-style smoke-free tobacco snuffs, also known as ‘snus.’ Olivier Morin | Afp | Getty Images Marlboro-maker Philip Morris International confirmed Wednesday a $16 billion bid to buy rival Swedish Match as part of its accelerated push into smoke-free tobacco alternatives. Shares of Stockholm-based manufacturer hit a record …