General Tobacco Cigarettes Pulled From Stores in 18 States
OLYMPIA, Wash. -- General Tobacco products can no longer be sold in Washington or 17 other states. The company has not made the required payments under the Master Settlement Agreement, according to The Washington Attorney General's Office.
Vibo Corp. Inc., which does business as General Tobacco, was founded in 1996 and is based in Mayodan, N.C. Its cigarette brands include Bronco, Champion, GT, Silver and 32 Degrees. The company owes the states approximately $284.5 million -- $7 million to the state of Washington, the government agency stated.
Retailers and wholesalers with existing, stamped cigarettes manufactured by General Tobacco may continue to sell them through Feb. 19, but then must remove any remaining inventory from their shelves, according to the Attorney General. The stamps signify taxes have already been collected.
Additionally, the Attorney General's Office has sent written notice to 10 wholesalers who distribute General Tobacco products in Washington, informing them about the change.
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Vibo Corp. Inc., which does business as General Tobacco, was founded in 1996 and is based in Mayodan, N.C. Its cigarette brands include Bronco, Champion, GT, Silver and 32 Degrees. The company owes the states approximately $284.5 million -- $7 million to the state of Washington, the government agency stated.
Retailers and wholesalers with existing, stamped cigarettes manufactured by General Tobacco may continue to sell them through Feb. 19, but then must remove any remaining inventory from their shelves, according to the Attorney General. The stamps signify taxes have already been collected.
Additionally, the Attorney General's Office has sent written notice to 10 wholesalers who distribute General Tobacco products in Washington, informing them about the change.
Related News:
General Tobacco Restructures Sales Force