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Zyn has taken the U.S. by storm. The nicotine pouch brand's boom came at an opportune time for parent company Philip Morris International, which faced a yearslong decline in cigarette smoking. Earlier this month, the Food and Drug Administration authorized 20 Zyn products to be marketed and sold in the U.S. The FDA had allowed Zyn to be sold legally in the U.S. while the agency reviewed its premarket applications. Watch the full video: cnb.cx/4hgB4j8 | CNBC
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Jacek Olczak, Philip Morris International CEO, joined CNBC’s "Money Movers" on Thursday and discussed the growing demand for Zyn. Watch more of the interview: cnb.cx/4aR82nZ | CNBC
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