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About VECTOR GROUP LTD
Vector Group Ltd. is a holding company, which engages in the distribution of tobacco products. The company is headquartered in Miami, Florida and currently employs 551 full-time employees. The firm operates through two segments: Tobacco and Real Estate. Tobacco segment is engaged in the manufacture and sale of discount cigarettes in the United States through its Liggett Group LLC and Vector Tobacco LLC subsidiaries. Liggett Group LLC manufactures and markets approximately 100 different cigarette brand styles. Liggetts Group LLC’s brand portfolio includes Montego, Eagle 20’s, Pyramid and Grand Prix, Liggett Select, Eve, USA and various partner brands and private label brands. Real Estate segment is engaged in the real estate investment business through its subsidiary, New Valley LLC, which acquires and invests in real estate properties or projects. The company invests in numerous real estate projects in different asset classes, including planned communities, condominium and mixed-use developments, apartment buildings, hotels and commercial properties.
Industry: Cigarettes Peers: 22nd Century Group, Inc. PYXUS INTERNATIONAL, INC. ALTRIA GROUP, INC. Charlie's Holdings, Inc. Healthier Choices Management Corp. Hempacco Co., Inc. Turning Point Brands, Inc. Philip Morris International Inc. UNIVERSAL CORP /VA/