Turning Point Brands, Inc.
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A maker of branded smoking accessories and other tobacco products, Turning Point Brands sells Zig-Zag® rolling papers and cigar wraps, Stoker's® chewing tobacco and moist snuff, and modern oral nicotine pouches under the FRE® and ALP® brands. Its products reach roughly 220,000 retail locations across North America through a network of distributors. The company runs an asset-light model, outsourcing most production while keeping its brands at the top of their U.S. categories.
2.5% Convertible Senior Notes due July 15, 2024
No tracked superinvestor held this security as stock in this period — only the derivative positions below reference it.