Turning Point Brands, Inc.

The maker of Zig-Zag rolling papers and Stoker's tobacco, Turning Point Brands is a cash-generative cannabis-adjacent play with iconic brands in smoking accessories and alternative tobacco.

• 📜 Zig-Zag is one of the world's most recognized rolling paper brands — omnipresent in the cannabis consumer's toolkit
• 🚬 Smokeless tobacco generates stable, predictable cash flows that fund growth in adjacent cannabis accessory products
• 🔗 Cannabis tailwinds are indirect but real — growing legal cannabis consumption lifts demand for Zig-Zag products