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Why should $MO position itself in the global market? They have been spun off from $PM. The international distribution of the tobacco business lies with $PM.
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@Dividenden-Sammler It's no longer about cigarettes, $PM now also operates in the USA.
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@TaxesAreTheft For the alternative products, yes - $MO doesn't have them for the US market. At that time, only the cigarette business was outsourced - the new products didn't really exist yet and that's why they are also distributed by $PM in the USA.
That's why I would never invest in Altria if I still had the larger distribution market to choose from.
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@Dividenden-Sammler then we are of the same opinion