Daniel Pennanen's Contact Details

Daniel Pennanen's Company Details

Turning Point Brands

Louisville/Jefferson County metro go, KY, US • 250 - 499 Employees
Consumer Products

Turning Point Brands, Inc. (NYSE: TPB) is a leading, manufacturer, marketer and distributor of branded consumer products with active ingredients. We sell a wide range of products exclusively to adult consumers, from our iconic brands to our next generation products to fulfill evolving consumer preferences. Our three focus segments are led by our core, proprietary brands –Stoker's® in Smokeless Products; Zig-Zag® in Smoking Products; and Nu-X®, Solace® along with our distribution platforms (VaporBeast®, VaporFi® and Direct Vapor®) in NewGen. Our businesses generate solid cash flow which we use to finance acquisitions, increase brand support, expand our distribution infrastructure, and strengthen our capital position.Our Smokeless segment is driven by the Stoker's® brand with a proud heritage dating to 1940. Stoker's competes in the chewing tobacco segment, where it has grown to the #2 position, and in the moist snuff segment, where it remains one of the fastest-growing brands. The portfolio also includes Beech-Nut®, launched in 1897, and a diverse collection of other chewing tobacco brands that offer a variety of consumer choices and tastes. Our Smoking portfolio includes the world-famous Zig-Zag® brand, with a proud heritage of leadership dating to 1879. Zig-Zag is the leading premium paper in both the U.S. and Canada. Over the past decade, Zig-Zag® has successfully expanded its consumer base into new product categories such as cigar wraps, hemp paper and paper cones.Our NewGen vapor portfolio includes our B2B (Vapor Beast®), B2C (International Vapor Group®) vape distribution platforms along with our new product engine, Nu-X Ventures which develops products with CBD, hemp, non-tobacco nicotine and other active ingredients. These businesses have advanced our strategy to provide consumers with innovative new products, while also providing our retail customers with a strong, reliable partner to help navigate this rapidly changing marketplace.