Turning Point Brands, Inc. is a branded consumer products company headquartered in the United States, founded in 2004. They are known for marketing products with active ingredients through iconic and emerging brands. With a wide range of products exclusively targeting adult consumers, the company's three focus segments include their core, proprietary brands such as Zig-Zag® and Stoker’s® along with their distribution platforms in NewGen. They sell their products in over 215,000 retail outlets in North America as well as through their e-commerce platforms. Zig-Zag® is the company's leading premium paper brand, with a heritage dating back to 1879. Over the years, they have successfully expanded their consumer base into new product categories, such as cigar wraps, hemp paper, and paper cones. In addition, in 2022, they secured an exclusive distribution agreement for CLIPPER® lighters in the U.S. and Canada. On the other hand, Stoker’s® brand, with a heritage dating back to 1940, holds a strong position in the chewing tobacco and moist snuff segments. They have grown to the #1 position in the chewing tobacco segment and are among the fastest-growing brands in the moist snuff segment. Their portfolio also includes Beech-Nut®, launched in 1897, and a variety of other chewing tobacco brands. The company's NewGen vapor portfolio consists of their B2B (VaporBeast®) and B2C (VaporFi® and Direct Vapor®) vape distribution platforms. Turning Point Brands, Inc. received a Post-IPO Secondary investment at 07 July 2020. While the specific investors of the last investment are not mentioned, the company's established position in the consumer goods and manufacturing industries, along with their wide portfolio of iconic brands, highlights their potential for future growth and continued success in the market.
Funding Stage | Amount | No. Investors | Investors | Date |
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Post-IPO Secondary | Unknown | - | 07 Jul 2020 |